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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.
For example, if the fifth-highest salary team had a payroll of $100 million and the sixth-highest salary team had a payroll of $98 million, the top five teams would pay 34% on each dollar they spent over $99 million. [3] Below is the amount each team paid from 1997 to 1999, when this system was in place.
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.
Major League Baseball had a tumultuous offseason, with the owners locking out the players in a contract stalemate. But on March 10 -- about three weeks after spring training was supposed to have...
Pro athletes are rich — but some are a whole lot richer than others. Obviously, the top-paid athlete on any given team is bringing home a whole lot more than the rookies. However, it might...
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 ...
In the Big 4 North American sports leagues (Major League Baseball (MLB), National Basketball Association (NBA), National Football League (NFL), and National Hockey League (NHL)), there are three different methods employed to limit individual teams payroll: hard salary cap, soft salary cap with luxury tax, and luxury tax.
Here’s a look at the richest owners in baseball and how they got enough money to actually buy a team.