Will Smith was among the Los Angeles Dodgers arbitration-eligible players for the 2024 season, but he avoided a hearing by signing a one-year, $8.55 million contract. It marks the largest deal for a second-year arbitration-eligible catcher in MLB history.
The total fell short of projections made by MLB Trade Rumors ($9.3 million) and Cot’s Baseball Contracts ($9 million), but it nevertheless represents an increase from the $5.25 million salary he earned last year.
After earning a combined $13.8 million in his first two years of salary arbitration, Smith will go through the process for a final time next year before potentially becoming a free agent after the 2025 season.
According to Fabian Ardaya of The Athletic, the Dodgers have not held any contract extension discussions with Smith to this point:
My understanding is there haven’t been any extension discussions between the two sides to date.
Smith is in line to receive a deal that should make him one of the highest-paid catchers. J.T. Realmuto of the Philadelphia Phillies currently has that distinction with a $23.875 million annual salary as part of the five-year contract he signed prior to the 2021 season.
Smith is coming off an All-Star season that saw him hit .261/.359/.438 with 21 doubles, 19 home runs and 76 RBI. He had a stellar first half before going into a prolonged slump after the All-Star break.
Smith remained productive while playing through a fractured rib in the first half, but results at the plate tailed off despite getting healthy. Smith also dealt with a concussion that caused him to miss nearly two weeks in April.
Smith again represented the Dodgers on The Shredder rankings of the Top-10 Catchers Right now heading into the 2024 season with a placement at No. 2.
It’s the second consecutive year Smith was ranked the second-best catcher in all of baseball. Ahead of Smith is the Baltimore Orioles’ Adley Rutschman for his first time sitting atop The Shredder’s annual list.
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