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From 2022 onwards, at least one team surpassed the tax threshold each year. 2023 saw a then-record-breaking eight teams exceed the luxury tax threshold, [15] which was then surpassed the following year when nine teams exceeded the luxury tax. [16] Below is a breakdown of how much each team paid during the 2022 through 2024 seasons. [17]
In 2019, Mike Trout signed a 12-year, $426 million contract with the Angels, the richest contract in the history of North American sports at the time. Alex Rodriguez earned the highest salary in MLB in 2013 at $28,000,000.
The median salary, the point at which an equal number of players are above and below, remained at $1.5 million, still below the record high of $1.65 million at the start of 2015.
In salary arbitration, Benintendi was awarded a salary of $8.5 million for the 2022 season. [46] He began the season batting .317 en route to being named the Royals' lone representative to the 2022 MLB All-Star Game .
After Murray signed a lucrative five-year, $230.5 million contract extension with the Arizona Cardinals on Thursday, his $46.1 million annual salary was almost that of the entire 2022 payroll of ...
The play on the diamond garners the spotlight, but these days, Major League Baseball players' salaries are dazzling too, with figures teams of past eras would balk at. The New York Yankees inked ...
The average salary increased 1.5% to $4.98 million on opening day, according to a study by The Associated Press. That was down from an 11.1% rise last year to $4.91 million and a 6% increase in 2022 following the end of the spring training lockout.
The 2021–22 Major League Baseball lockout was the ninth work stoppage in Major League Baseball (MLB) history. It began at 12:01 a.m. EST on December 2, 2021, after MLB owners voted unanimously to enact a lockout upon the expiration of the 2016 collective bargaining agreement (CBA) between the league and the Major League Baseball Players Association (MLBPA).