As the Hot Stove season heats up, here's a handy table showing the contract status of everyone currently on the roster. As of today, the Indians have a net 2012 payroll of $22.70M, but that is not counting Fausto Carmona's option ($7.0M) and eight players who are eligible for arbitration. If you add Carmona's option plus estimates of the salaries for the arbitration-eligibles, I have the Indians' payroll at $54.70M, and that's only 14 players. So even assuming that each of the remaining 11 players on the 25-man roster make $450K next season, that's an Opening Day payroll of $60.0M. So there isn't a lot of room to make free agent signings.
Here's my SWAGs for the arbitration-eligibles. Of course, the Indians could also sign any of these players to a long-term deal instead.
|Masterson||$3.5M (might be low)|
Major League Baseball 2011/2012 Hot Stove Tracker | November 3, 2011
All these free agent signings are by their 2011 clubs:
C Henry Blanco, Arizona
OF Juan Rivera, Los Angeles Dodgers
RHP Chien-Ming Wang Washington
IF John McDonald, Arizona