Major League Baseball Team Payrolls
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| Team | Total payroll, in million USD |
|---|---|
| New York Mets | 353.55 |
| New York Yankees | 277 |
| San Diego Padres | 249 |
| Philadelphia Phillies | 243.01 |
| Los Angeles Dodgers | 222.72 |
| Los Angeles Angels | 212.23 |
| Toronto Blue Jays | 209.94 |
| Atlanta Braves | 203.08 |
| Texas Rangers | 195.87 |
| Houston Astros | 192.67 |
| San Francisco Giants | 187.93 |
| Chicago Cubs | 184.22 |
| Boston Red Sox | 181.21 |
| Chicago White Sox | 181.16 |
| St. Louis Cardinals | 175.64 |
| Colorado Rockies | 171.11 |
| Minnesota Twins | 153.59 |
| Seattle Mariners | 137.12 |
| Detroit Tigers | 122.24 |
| Milwaukee Brewers | 118.76 |
| Arizona Diamondbacks | 116.47 |
| Washington Nationals | 101.19 |
| Kansas City Royals | 92.47 |
| Miami Marlins | 91.7 |
| Cleveland Guardians | 89.42 |
| Cincinnati Reds | 83.61 |
| Pittsburgh Pirates | 73.28 |
| Tampa Bay Rays | 73.18 |
| Baltimore Orioles | 60.72 |
| Oakland Athletics | 56.9 |
- Source: Major League Baseball, USA Today
- Region: United States
- Time period: 2023
- Published: Apr 2023
Data Analysis and Insights
Top spender: New York Mets
The New York Mets lead Major League Baseball in opening day payroll with a total of 353.55 million U.S. dollars, significantly outpacing the second-highest team, the New York Yankees, by 76.55 million U.S. dollars.New York's financial dominance
Both New York teams, the Mets and Yankees, dominate the payroll rankings, combining for a total of 630.55 million U.S. dollars, which is more than the bottom five teams combined (414.98 million U.S. dollars).The gap between extremes
The disparity between the highest (New York Mets) and lowest (Oakland Athletics) payrolls stands at a stark 296.65 million U.S. dollars, illustrating the vast financial disparities within the league.Middle-tier payroll cluster
Teams ranked from 10th (Houston Astros) to 20th (Milwaukee Brewers) show a relatively tight payroll range, with a difference of 73.91 million U.S. dollars between the teams in this bracket, indicating a competitive balance among the middle tier.Under 100 million club
A total of seven teams have opening day payrolls under 100 million U.S. dollars, highlighting the financial constraints or strategic decisions limiting their spending compared to the league's top spenders.Average payroll calculation
The average opening day payroll across all Major League Baseball teams is approximately 167.17 million U.S. dollars, showcasing the investment level teams are willing to commit to their rosters at the start of the season.Top 5 vs. Bottom 5 comparison
The combined payroll of the top five spending teams (1.345 billion U.S. dollars) is more than double the combined payroll of the bottom five teams (414.98 million U.S. dollars), emphasizing the financial disparities within the league.Geographical spending trends
Los Angeles teams (Dodgers and Angels) together allocate 434.95 million U.S. dollars toward their payrolls, showcasing Southern California as a significant financial player in the league.Payroll diversity among top spenders
The top three teams (New York Mets, New York Yankees, San Diego Padres) account for a payroll expenditure of 879.55 million U.S. dollars, indicating that the league's highest financial commitments are not confined to a single geographic region or market size.Frequently Asked Questions
The New York Mets lead with an opening day payroll of 353.55 million U.S. dollars.
Both New York teams combine for a total of 630.55 million U.S. dollars in payroll.
The disparity between the highest (New York Mets) and lowest (Oakland Athletics) payrolls is 296.65 million U.S. dollars.
A total of seven teams have opening day payrolls under 100 million U.S. dollars.
Terms and Definitions
In Major League Baseball (MLB), Opening Day refers to the first day of the regular season, which traditionally takes place in late March or early April. It is a significant event for baseball enthusiasts and represents the start of the new professional baseball season.
In the context of Major League Baseball, a payroll is the total amount of money a team spends on player salaries for a specific period, usually for a season. It includes salaries, bonuses, and incentives that are paid to the players.
In MLB, a team is a group of professional baseball players who play together and compete against other teams within the league. Each team is operated by a franchise, which is responsible for hiring players, coaches, and other staff members.
Major League Baseball (MLB) is a professional baseball organization, consisting of 30 teams, which represent the top tier of professional baseball competition in the world. The MLB teams are divided into two leagues: the American League and the National League.
The American League (AL) is one of the two leagues that make up Major League Baseball. It consists of 15 teams and it employs the use of the designated hitter rule, which substitutes a separate player to bat in place of the pitcher.
The Designated Hitter Rule is a rule only used in the American League of the Major League Baseball. It allows teams to use another player, known as the designated hitter (DH), to bat in the place of the pitcher. The rule was established to increase offensive action in the game.
A franchise in Major League Baseball refers to the business operation of a team. Each franchise owns and operates one of the 30 teams in the league, and each is granted territory rights, player contracts, and league voting rights.
Player salaries comprise the earnings that a professional baseball player receives from his team/franchise as per the terms and conditions of their individual contract. A player’s salary is generally based on factors like their skill level, experience, and market value. The total of all players' salaries on a team is referred to as the team's payroll.
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