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MLB Opening Day Payrolls


AZRon

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I drew the data from this series of posts from the Baseball Prospectus Compensation Website

For the 1st time in MLB history, the total of opening day team payrolls exceeded 4 billion dollars

The LA Dodgers led the way with over $241M -- a decrease of 3.6% from last year
The Detroit Tigers were next at just under $200M -- an increase of less than 1% from the previous year

The top 10 ten payrolls by team were:

 Los Angeles Dodgers $241,149,167
 Detroit Tigers $199,750,600
 Boston Red Sox $197,041,179
 New York Yankees $196,389,700
 San Francisco Giants $180,822,611
 Chicago Cubs $172,199,881
 Los Angeles Angels $166,375,833
 Texas Rangers $165,348,063
 Washington Nationals $164,335,444
 Baltimore Orioles $164,326,172

The Nationals and Orioles were in a virtual tie with Toronto next at $1M less

The bottom 10 payrolls by team were:

 Minnesota Twins $108,102,500
 Philadelphia Phillies $100,041,000
 Chicago White Sox $97,823,271
 Pittsburgh Pirates $95,807,004
 Cincinnati Reds $95,375,786
 Arizona Diamondbacks $93,120,200
 Oakland Athletics $81,738,333
 Tampa Bay Rays $70,064,700
 San Diego Padres $69,624,400
 Milwaukee Brewers $63,061,300
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The mean team payroll was $136.6M
The median was $152.1M

MLB total team payroll increased by $190.6M and 4.9%
The mean increase was $6.4M and 6.6%
The median was -$4.9 and -2.5%

Miami had the largest team increase -- $41M and 55.2%

The Yankees had the largest $ decrease at $31.5M
The Padres had the largest % decrease at 30.7%

9 teams increased their payroll by more than 10%
17 teams increased their payroll by more than 2%
4 teams increased their payroll by between 0% and 2%
9 teams decreased their payroll by 0.4% or more

Among the highest spending teams the deltas were:
Dodgers -- -3.6%
Tigers -- +0.6%
Red Sox -- -0.4%
Yankees -- -13.8%
Giants -- +5.1%
Cubs -- +0.3%
 

 

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