Opening-Day MLB Payrolls Top $3 Billion

Opening-Day MLB Payrolls Top $3 Billion

Baseball's opening-day payrolls will exceed $3 billion for the first time this season, jumping more than 7 percent from last season and redistributing the windfall from landmark local television deals across the sport, according to a Yahoo! Sports analysis.

Using Baseball Prospectus' contract database, arbitration projections from MLB Trade Rumors and expected salaries for the remaining free agents likely to garner major-league contracts, Y! Sports estimates opening-day payrolls of teams' 25-man rosters will total about $3.15 billion, a 7.1-percent increase from last year's opening-day figure of $2.94 billion.

More than half of the increase comes from the Los Angeles Dodgers, whose projected $213 million payroll is the highest in the major leagues – and a 123.9-percent increase over their $95.1 million from opening day in 2012. The Dodgers signed the richest free-agent deal of the offseason, giving starter Zack Greinke a six-year, $147 million deal.

Read Full Article »
Comment
Show commentsHide Comments

Related Articles