Yankees’ Anthony Volpe receives the lowest pre-arbitration bonus

Yankees rookie shortstop Anthony Volpe
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Michael Bennington
Wednesday December 20, 2023

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Yankees rookie shortstop Anthony Volpe concluded his debut season with a pre-arbitration bonus, determined by their performance in the 2023 season. He received a bonus of $246,549, marking the lowest among the compensations distributed on Monday.

In a notable achievement, Anthony Volp secured his first Gold Glove in November, surpassing competition from Corey Seager of the Texas Rangers and Carlos Correa of the Minnesota Twins.

High expectations from Anthony Volpe

In his inaugural season with the Yankees, Anthony Volpe showcased his defensive prowess by participating in 159 games, concluding with an impressive fielding percentage of .970. Notably, he contributed 357 assists, registered 17 errors, and played a key role in executing 63 double plays. His defensive impact extended to saving 15 runs.

New York Yankees' rookie shortstop Anthony Volpe hit a 3-run HR against Boston at Yankee Stadium on Aug 20, 2023.

Making history, Anthony Volpe, according to the Elias Sports Bureau, became the first rookie in Yankees history to clinch a Gold Glove Award. Remarkably, he holds the distinction of being the youngest shortstop to achieve this honor and is the second Yankees shortstop to do so, following in the footsteps of Derek Jeter.

Yankees bonus distribution

Yankees' Anthony Volpe is with Rizzo, Torres, and IKF at Yankee Stadium on July 06, 2023.
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As part of a $50 million pool, payments were allocated to 101 players who did not meet the service time requirements for salary arbitration in 2022, which amounted to two years and 228 days. Players have the opportunity to earn bonus money by achieving at least one award per season, with the remainder of the funds distributed according to a formula based on Wins Above Replacement (WAR).

These awards encompass various amounts, such as $2.5 million for securing an MVP or Cy Young Award, $1.75 million for securing second place in the voting, $1.5 million for third place, $1 million for fourth or fifth place, or earning a spot on the all-MLB first team. Additionally, players can earn $750,000 for winning Rookie of the Year and $500,000 for securing second place in Rookie of the Year voting or making the all-MLB second team.

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