MLB General

2008 MLB Payrolls

It’s good to be A-Rod

The 2008 Major League Baseball payrolls were released today and the Yankees somehow managed to spend more than ever with a total payroll of $209M. That is a $14M increase over last year’s payroll, which incidentally bought them a first round exit out of the playoffs by the Indians, who cost about a third as much. It’s hardly surprising that the Yankees are #1 when you consider that A-Rod will make more than the entire Florida Marlins roster this year.

The real surprise is that the Red Sox are no longer #2.  Boston actually pared payroll by $10M this season and have been supplanted by the Detroit Tigers, who acquired Dontrelle Willis and Miguel Cabrera in the offseason, apparently with designs to win it all this year.  The Tigers spent a league high $43.5M more this year vs 2007.  Other teams who really opened up the checkbook this year are the Mets (+$20M) and the… Rays?  Tampa Bay spent an extra $20M this year but still ranks next to last with a total payroll of $43.8M.  

Besides the Red Sox, the Giants, A’s, and Orioles all stand out for significantly reducing payroll when MLB as a whole spent an additional $203M this year vs 2007.  For the record, the Rockies only spent $54M on payroll last year.

The entire 2008 MLB Payroll numbers after the jump.

MLB General

2007 MLB Payrolls

[ 2008 Payrolls are here ]

Another year, another summer of Yankees vs Red Sox in the accounting ledger. Once again, these two teams top Major League Baseball payroll rankings. The Yankees actually dropped a few million in payroll while the Red Sox added a staggering $23M to catch up to the Bronx Bombers. ($195.2 vs $143.5) For perspective, the entire Devil Rays payroll is only $24M this year. Next time any Red Sox fans start talking about the Yankees being the Evil Empire, tell them Boston is just Evil Empire North.

Outside of the Red Sox, the Orioles added the most in payroll this year with an additional $22.5M. Their $95M 2007 payroll puts the Orioles at #10 on the list. Total payroll for baseball is $2.5B with the top 10 teams accounting for nearly half of that number. The Nationals are expected to be the worst team in the majors this year and they trimmed a cool $23M off their payroll from 2006. They still are above the Devil Rays and Marlins though, the perennial K-marts of MLB.

The entire 2007 MLB payrolls after the jump.