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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. He also has the highest career earnings in MLB history, as well as a record 13 years with the highest AAV.
As of 1911 the average salary for the about 500 players in Major League Baseball was slightly more than $2,000 a season ($67,500 today). The star hitter Ty Cobb received $9,000 a season ($303,700 today), and sold automobiles in the off season.
This resulted in a compromise in the Collective Bargaining Agreement of 1996, which imposed Major League Baseball's first luxury tax. The first agreement stated that the top five salary teams in each year would pay a 34% fine on each dollar a team spent beyond halfway between the salaries of the fifth and sixth teams.
A key component of the MLB Player's Association's history and legacy is its firm stance against a cap. Even with all the Dodgers' spending, there will never be a salary cap in Major League ...
This is a list of professional sports leagues by revenue.Individual sports are not included. The "Season" column refers to the sports league season for which financial data is available and referenced, which is usually not the most recently completed season of competition.
Get a better understanding of these terms with the average net worth of each class. Skip to main content. Subscriptions ... NFL sets 2025 salary cap at a record-high $279.2 million per team.
[147] [148] The league's average salary was $596,226 per year. MLS' minimum player salary will increase [when?] from $63,542 to $85,502 for most players. [149] The CFL has a relatively smaller annual player salary and salary cap compared to the other leagues. The average salary in 2018 is $113,000 and the salary cap in 2018 is CAD $5.2 million ...
This also skews the list towards sports with salary caps where salaries are therefore public knowledge and easy to cite. The contract figures referenced below are presented at face value and do not reflect potential pre or post-tax treatments. For example, contracts with European sports teams are typically quoted on a post-tax basis.