Contract options (3): INF Kyle Farmer, OF Manuel Margot and RHP Jorge Alcala.
Farmer and Margot are locks to have their club options declined. Farmer, who didn’t hit well until September, holds a $6.25 million option with a $250,000 buyout. Margot has a $12 million club option with a $2 million buyout. The Tampa Bay Rays are on the hook to cover Margot’s buyout from an initial trade last winter.
Alcala’s situation is more complex. The Twins have a $1.5 million option with a $55,000 buyout. If his option is declined, he remains under club control as an arbitration-eligible player. MLB Trade Rumors projects he could command a similar salary in arbitration.
Arbitration-eligible players (11): RHP Bailey Ober, RHP Joe Ryan, RHP Jhoan Duran, RHP Griffin Jax, RHP Brock Stewart, RHP Michael Tonkin, RHP Justin Topa, C Ryan Jeffers, 3B Royce Lewis, UT Willi Castro, and LF Trevor Larnach.
Castro, who is eligible to become a free agent after the 2025 season, is expected to command around $6 million, the largest salary in this group. The All-Star utility man slumped in the second half of the season, but he possesses the most defensive versatility on the club, remained healthy the last two years and is one of the few base stealing threats on the roster.
The Twins are expected to keep almost all their arbitration-eligible players, but they will have decisions to make on relievers Tonkin and Topa. Tonkin is out of minor league options, and he was designated for assignment four times last season. Topa missed most of the 2024 season because of injuries, though he was viewed as a potential late-inning depth option when the Twins traded for him.
