2010 Payroll Projection Following the Winter Meetings

The 2010 Winter Meetings saw the Pittsburgh Pirates sign three players: Scott Olsen, Kevin Correia, and Matt Diaz, along with making a Rule 5 selection, taking Josh Rodriguez from the Cleveland Indians.  The only signing that has been made official so far has been Olsen, so there are technically two spots open on the 40-man roster.  However, since Correia and Diaz should be added in the next week, I went ahead and updated the 2010 40-man roster/payroll projection.

The payroll projection currently sits at $36,383,000, after estimated arbitration raises to Joel Hanrahan and Ross Ohlendorf.  There are two potential moves that could lower that projected payroll:

1. A Ryan Doumit Trade – The Pirates would most likely have to pick up a large portion of Doumit’s salary to get any value in return, although I can see a Doumit trade (if it happens) cutting $1-2 M off the payroll.

2. A Paul Maholm Trade – The Pirates seem to be shopping Maholm, who makes $5.75 M this year.  Like Doumit, I could see the Pirates picking up some of Maholm’s salary to get a better return.  They might shed some salary, although if Maholm is moved I think the salary they cut gets spent on Kenshin Kawakami.

For reference, the Pirates opened with a $39 M payroll in 2010.  Prior to that, they started in the $48.6 M range the previous two seasons.