Full credit goes to Tim Williams who typically spearheads this project. I intend to provide a link to his website once he releases his much more reliable projection.
Notes:
- All salaries in bold are official.
- All ages are as of the start of the 2015 Pittsburgh Pirates season.
- Players in the minor leagues make $40,750 in their first year on the 40-man roster, $81,500 in their second year, and $122,250 in their third year. Any player with major league service time makes at least $81,500, regardless of how many years of service.
- This is my own estimation and not an official projection.
According to Pirates Prospects the current payroll is approximately ~$78 million, so $10 million toward free agency actually seems like a bit of an underestimate. Ideally, the Buccos would pursue Russell Martin in addition to a pitcher before the 2014 July trade deadline and/or another pitcher from 2015 offseason free agency.