Giants Chairman Greg Johnson Talks Team Spending Strategy

Greg Johnson, chairman of the San Francisco Giants, recently shared insights about the team’s spending strategy for the upcoming offseason in an interview with John Shea from the San Francisco Standard. He addressed various aspects of their financial plans without providing specific figures, focusing instead on the team’s priorities.

Offseason Spending Strategy and Priorities

Starting pitching tops the Giants’ offseason wish list. Johnson highlighted the importance of securing “starting pitching help” as “probably No. 1 on the list.” However, he emphasized the team’s cautious approach, particularly regarding nine-figure contracts for pitchers.

Johnson remarked, “We may be over [the $200 million threshold]. We may be under. It just depends on what’s out there.” This statement indicates a flexible spending strategy that considers both short-term and long-term team objectives.

Competitive Balance Tax Considerations

• San Francisco has surpassed the Competitive Balance Tax line four times in its history.
• The team paid the tax during the 2015-2017 seasons.
• In 2024, the Giants again narrowly exceeded the tax line due to significant acquisitions.

Despite these past excursions above the threshold, the Giants managed to return under the tax line in 2025, even after notable moves such as extending Matt Chapman and signing Willy Adames to a substantial seven-year contract worth $182 million.

Financial Flexibility Amid Caution

Despite commitments to key players like Logan Webb, Jung Hoo Lee, and Robbie Ray, the Giants maintain a relatively clean financial slate. Johnson noted the risks associated with long-term contracts, stating, “I think you have to balance that.” His caution stems from the lessons learned during the team’s past high-spending years when players from championship teams began to decline.

Future Outlook for Giants

At present, the Giants are estimated to have a payroll of approximately $152.7 million to $169.3 million for 2026. This leaves them room to maneuver financially. Giants president of baseball operations, Buster Posey, is expected to have the necessary flexibility to pursue high-profile targets this offseason.

Given their struggle with just one winning record over the past nine seasons, the Giants are poised to be active in the market. Upgrading the pitching staff, along with addressing other team needs, will be a priority as they aim to return to playoff contention.