Current Salary and Contract Structure
Gleyber Torres signed a 10-year contract extension with the New York Yankees in early 2022, which is the longest deal in franchise history. The deal is worth $340 million in total, with an average annual value of $34 million. The contract runs through the 2031 season, with a full no-trade clause starting in 2027. His base salary for the 2024 season was $22 million, and it increases each year through the final season. The contract also includes incentives tied to games played and All-Star selections. For the 2025 season, his guaranteed salary rises to $23 million, with additional bonuses available for performance milestones. Details on the full contract terms are available on the Yankees official site and verified by ESPN.
Torres became a free agent after the 2021 season but chose to stay with the Yankees by agreeing to the extension before the deadline. The deal was announced on January 14, 2022, and immediately made him one of the highest-paid second basemen in Major League Baseball. The contract guarantees over $280 million through 2028, with the remaining years fully guaranteed as well. His salary for each year is fixed and not tied to playing time, which provides financial security even during injury recovery. The structure also includes a club option for 2032 that can be exercised for an additional $30 million. The Yankees front office has consistently ranked Torres among the top five highest-paid players on the roster based on the annual guaranteed money.
Career Earnings and Team Context
Before the extension, Torres earned a total of $10.1 million in his first four MLB seasons from 2017 through 2020. He was drafted second overall by the Chicago Cubs in 2016 and was later traded to the Yankees in the 2016 offseason. His first major salary jump came in 2021 when he earned $6.5 million as a pre-arbitration and early arbitration player. The 2022 extension replaced those modest early earnings with a massive long-term payout, pushing his cumulative career earnings past $100 million by the end of 2024. His annual salary now exceeds what the Yankees paid their entire starting rotation in some previous seasons.
The Yankees currently have Torres ranked as the second-highest-paid player on the roster, behind only Gerrit Cole. The team's total payroll for the 2024 season exceeded $255 million, placing them among the top five highest-spending franchises in MLB. Torres salary represents roughly 9 percent of that total payroll, reflecting both his production and the market value of elite second basemen. He has been a consistent offensive contributor, posting a career on-base plus slugging percentage above .800 through his first eight full seasons. His defensive metrics have also improved, with strong range factor and double-play turn numbers in recent years.
Comparison to Peers and Future Outlook
In terms of average annual value, Torres contract ranks in the top ten among second basemen in MLB history. Players like José Altuve, Matt Carpenter, and Brian Dozier have signed deals with similar or slightly higher AAV figures in recent years. The Yankees secured Torres at age 24, which allowed them to lock in his prime earning years while minimizing risk. His performance metrics, including weighted runs created plus and defensive runs saved, have consistently placed him in the top tier of second basemen. The deal also includes a full no-trade clause, giving Torres control over any future trade scenarios starting in 2027.
Looking ahead, Torres salary will continue to climb through the final three seasons of the extension, reaching $28 million in the last guaranteed year. The no-trade clause and guaranteed