Mar 4, 2014; Port St. Lucie, FL, USA; Houston Astros owner Jim Crane (right) prior to the spring training action against the New York Mets at Tradition Stadium. Mandatory Credit: Brad Barr-USA TODAY Sports

Houston Astros Still Have Lowest Payroll; Team's Value Has Dropped

According to the Associated Press, the Houston Astros will have the lowest Opening Day payroll for this upcoming season. The final number is around $45 million, though the number doesn’t appear to include the $5.5 million owed to Wandy Rodriguez this season.

Evan Drellich of the Houston Chronicle dropped this note about the AP’s numbers.

The AP’s figures include salaries and prorated shares of signing bonuses and other guaranteed income for players on active rosters, disabled lists and the restricted list.

Dexter Fowlr’s salary in 2014, for example, is $7.35 million, but it seems because he agreed to a $1 million signing bonus when the Rockies gave him a two-year deal ahead of last season, his salary this year is listed as $7.85 million — $500,000, the pro-rated amount of the signing bonus, is calculated in that figure.

Payroll figures factor in adjustments for cash transactions in trades, signing bonuses that are the responsibility of the club agreeing to the contract, option buyouts, and termination pay for released players.

For some players, parts of deferred money are discounted to reflect current values.

Here are the Astros’ salaries according to the Associated Press:

Scott Feldman: $12,000,000                          Carlos Corporan: $505,300

Dexter Fowler: $7,850,000                              Anthony Bass: $505,200

Jesse Crain: $3,250,000                                   Marwin Gonzalez: $504,500

Chad Qualls: $2,750,000                                  Robbie Grossman: $504,500

Jason Castro: $2,450,000                                Brad Peacock: $504,300

Matt Albers: $2,250,000                                   Raul Valdes: $504,300

Jerome Williams: $2,100,000                          Jonathan Villar: $503,800

Jose Altuve: $1,437,500                                    Brett Oberholtzer: $503,600

Jesus Guzman: $1,300,000                              Kevin Chapman: $503,400

Matt Dominguez: $510,100                              L.J. Hoes: $502,900

Chris Carter: $510,000                                       Marc Krauss: $502,300

Lucas Harrell: $509,700                                     Alex White: $502,000

Dallas Keuchel: $508,700                                  Jarred Cosart: $500,000

Josh Fields: $506,500                                        Asher Wojciechowski: $500,000 also came out with their annual valuation of MLB franchises and the Houston Astros placed 26th out of the 30 Major League teams. The Astros were one of three teams (along with the New York Mets and Miami Marlins) whose value dropped in 2014. Forbes says the Astros are worth $530 million, close to $150 million less than what Jim Crane paid for the Astros a few season ago. CSN Houston and the current state of the team have a lot to do with this valuation, though I expect that number to only get higher from here on out.

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Tags: Houston Astros Jim Crane

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