In February 2021, Trevor Bauer signed a three-year contract with the Los Angeles Dodgers worth over 100 million U.S. dollars. This lucrative deal made him the highest paid player in Major League Baseball, with his annual earnings coming in at approximately 40 million U.S. dollars. Second on the list was Mike Trout of the Los Angeles Angels. The center fielder signed a 12-year contract with the Angels in 2019, earning him 426 million U.S. dollars over the duration of the deal and approximately 37 million U.S. dollars in the 2020 season.
MLB salaries
Major League Baseball players receive generous yearly salaries, along with performance incentives and endorsement deals. The Major League Baseball minimum salary was set at 564 thousand U.S. dollars per year in 2020, the highest figure to date. The average player salary in the MLB is much higher, though. In 2020, the average player salary in the MLB stood at 4.43 million U.S. dollars.
High value pitchers
There is a major difference in salary between divisions, teams and positions. Certain positions, such as first base or starting pitcher, are usually better paid, due to the important role they are considered to have in the game. Nolan Arenado, third baseman for the St. Louis Cardinals, is the highest ranked baseman in the ranking. The Cardinals acquired Arenado from the Colorado Rockies in February 2021 in an exchange deal with five players going the other way.
Highest paid players in Major League Baseball in 2022
(in million U.S. dollars)
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Major League Baseball. (February 5, 2021). Highest paid players in Major League Baseball in 2022 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/533971/highest-paid-mlb-players/
Major League Baseball. "Highest paid players in Major League Baseball in 2022 (in million U.S. dollars)." Chart. February 5, 2021. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/533971/highest-paid-mlb-players/
Major League Baseball. (2021). Highest paid players in Major League Baseball in 2022 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/533971/highest-paid-mlb-players/
Major League Baseball. "Highest Paid Players in Major League Baseball in 2022 (in Million U.S. Dollars)." Statista, Statista Inc., 5 Feb 2021, https://www.statista.com/statistics/533971/highest-paid-mlb-players/
Major League Baseball, Highest paid players in Major League Baseball in 2022 (in million U.S. dollars) Statista, https://www.statista.com/statistics/533971/highest-paid-mlb-players/ (last visited November 21, 2024)
Highest paid players in Major League Baseball in 2022 (in million U.S. dollars) [Graph], Major League Baseball, February 5, 2021. [Online]. Available: https://www.statista.com/statistics/533971/highest-paid-mlb-players/