Andrew Baggerly tweeted this morning that Giants were close to signing Andres Torres the last of the arbitration eligible players and that the payroll would be in the $110 million range.
By my count, and thanks to Cot's Baseball Contracts, the amount is closer to $116 million for the 2011 payroll.
Here's a rundown of the arbitration eligible players who signed:
Cody Ross - $6.3 million, 1 year
Jonathan Sanchez - $4.8 million, 1 year
Ramon Ramirez - 1.65 million, 1 year
Santiago Casilla - 1.3 million, 1 year
Javier Lopez ~ 2.2 million, 1 year
Andres Torres ~ 2 million, 1 year
In simple terms it means that due to winning the world series, a team that is basically the same but adds the pay of Cody Ross, Pat Burrell and Miguel Tejada and minuses the pay of Juan Uribe and Edgar Renteria = an extra $25-27 million in salary.
Who cares... In conclusion: The 2010 Giants won the World Series
Laws of the Day
Loan taken from Chase Manhattan for construction of AT&T Park = $170 Million, 10 years
Barry Zito's Contract = $126 Million, 7 years
Edgar Renteria's Contract = $18 Million, 2 years
Buster Posey's 2011 paycheck = $400,000