In an offseason that’s been unlike any in big league history, it should come as no surprise that the month of March is on track for an unprecedented level of spending. While the remaining free agents at the top of the market almost certainly won’t find contracts matching the expectations they carried into the offseason, they still figure to draw some significant offers. The ongoing open-market presence of Jake Arrieta, Lance Lynn, Alex Cobb, Mike Moustakas, Neil Walker, Carlos Gonzalez and Jonathan Lucroy, among others, should lead to a record-setting amount of money spent in the month of March. Going back over the past decade, the largest contract given to any player in the month of March was Manny Ramirez’s two-year, $45MM contract with the Dodgers prior to the 2009 season. That contract represents one of just two multi-year deals worth more than $10MM per season over that span. The second belongs to Kyle Lohse, who signed a three-year, $33MM deal with the Brewers back in 2012. In fact, over the past decade, there have only been three multi-year deals hammered out in the month of March at all, and the third was a modest two-year, $4.25MM contract for Oliver Perez with the Diamondbacks. And outside of the deals for Ramirez and Lohse, the only other player to top a $10MM salary in the month of March was Ervin Santana, who signed a one-year, $14.1MM deal with the Braves in 2013 after languishing on the market for much of the offseason after initially seeking a reported six-year deal which teams universally deemed to be too rich.
Slow Market Likely Means Record March Spending
MLB Trade Rumors | Mar 2