Joey Gallo's Contract

Last Modified Jul 8, 2023 19:26 GMT
Joey Gallo with his team members
Source- Joey Gallo’s Instagram



The beginning of Gallo's baseball career was in his high school era, where he set a record with a remarkable 67 career home runs in just 446 at-bats, leaving a lasting impact on Nevada high school baseball.



Gallo made his major league debut in June 2, 2015, Selected by the Texas Rangers in the 2012 MLB Draft; since then has demonstrated versatility on the field, primarily playing as an outfielder and occasionally as a first baseman.


Joey Gallo’s Contract Breakdown

YearBase SalarySigningBonusCap HitDead CapYearly Cash
2012-$2,250,000$2,250,000-$2,250,000
2015$171,939-$171,939-$171,939
2016$108,576-$108,576-$108,576
2017$537,120-$537,120-$537,120
2018$560,000-$560,000-$560,000
2019$605,500-$605,500-$605,500
2020$1,629,630-$1,629,630-$1,629,630
2021$6,200,000-$6,200,000-$6,200,000
2021$6,200,000-$6,200,000-$6,200,000
2022$3,613,184-$3,613,184-$3,613,184
2022$6,661,816-$6,661,816-$6,661,816
2023$11,000,000-$11,000,000-$11,000,000


How much is Joey Gallo getting paid?

Joey Gallo’s most recent contract with the Minnesota Twins is worth $11 million; for a tenure of one year with a guaranteed annual salary of the same amount. The contract also states that in 2023, Gallo will earn a base salary of $11 million.



By 2016, his contract was worth $509K; by 2022, it had soared to a staggering $11 million.



We can see from a quick summary of his prior contracts that he has been with the Texas Rangers since his MLB debut. This journey is extraordinary; with his love and determination for the game, he has demonstrated consistency and delivered on the field, placing him among the league leaders in home runs and slugging percentage.

How much does Joey Gallo make in a minute?

As per the latest contract, considering Gallo’s annual salary is $11 million, we divide this amount by the total number of minutes in a year: i.e., 525,600 minutes, and as per the above calculation, the amount we draw is $20.00 per minute.


Joey Gallo’s Career Earnings

From Gallo’s debut in the MLB with the Texas Rangers to today with the Minnesota Twins. He earned an estimated total income of around $39.5 million, with an annual average income of approximately $3.3 million.


What are the terms of Joey Gallo’s Contract?

As per Gallo’s current contract, he signed a 1-year / $11 million contract with the Minnesota Twins, which guarantees an annual average salary of $10 million added with base compensation of the same amount.


How much of Joey Gallo’s Contract is guaranteed?

Joey Gallo’s latest contract of 1 year worth $11 million guarantees him an annual salary of $11 million added to base compensation for the same amount.


Joey Gallo’s Contract History

Texas Rangers (2015-2021):

Joey Gallo was drafted by the Texas Rangers in the first round of the 2012 MLB Draft and made his MLB debut with the Texas Rangers in 2015, marking the start of his professional career. In 2019, Gallo and the Texas Rangers agreed to a one-year contract worth $605K for that season, wisely avoiding arbitration. Gallo earned his first All-Star selection in 2019, representing the Texas Rangers, and a Gold Glove Award in 2020.



New York Yankees (2021-2022):

Joey Gallo was traded to the New York Yankees from the Texas Rangers with Joely Rodriguez for Glenn Otto, Ezequiel Duran, Josh Smith and Trevor Hauver. In 2022 he signed a one-year $10.275 million contract with the Yankees and avoided arbitration.


Los Angeles Dodgers (2022-2022):

In August 2022, Joey Gallo was traded to the Los Angeles Dodgers from the New York Yankees for Clayton Beeter.

FAQs

A. Joey Gallo is currently under an agreement with the Minnesota Twins.

A. In August 2022, Joey Galo was traded to the Los Angeles Dodgers from the New York Yankees in exchange for Clayton Beeter.

A. Since 2015, Joey Gallo has been in the MLB; The Texas Rangers drafted him in the first round of 2012’s MLB Draft.

A. Joey Gallo is currently under contract with the Minnesota Twins and is said to have become a free agent before the 2024 season.

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