MLB average salary drops, AP study finds - InfoNews

Current Conditions

Light Rain
11.3°C

MLB average salary drops, AP study finds

San Diego Padres first baseman Eric Hosmer swings away during batting practice before an opening day baseball game against the Milwaukee Brewers in San Diego, Thursday, March 29, 2018. (AP Photo/Alex Gallardo)
March 29, 2018 - 3:06 PM

NEW YORK - A study by The Associated Press determined the average major league salary on opening day dropped slightly following an off-season of slashed contracts for many free agents and the decisions to start three highly paid players in the minor leagues.

The $4.41 million average Thursday fell 0.9 per cent from last year's starting figure of $4.45 million, according to the AP's calculations. It was only the second drop since the end of the 1994-95 strike, after a 2.7 decrease in 2004.

Two late-signing free agent pitchers were optioned to farm teams just ahead of Thursday's openers to get more preparation time: Philadelphia's Jake Arrieta and Baltimore's Alex Cobb. If they had remained in the majors, the average would have been down just $1,380. And if Arizona had not sent down outfielder Yasmany Tomas, the average would have been up 0.2 per cent to $4.46 million.

Boston had a $224 million payroll and topped the major leagues for the first time since at least the 1980s. San Francisco was next at $207 million, followed by the Chicago Cubs ($182 million), Washington ($181 million), the Los Angeles Dodgers ($179 million), the Los Angeles Angels ($170 million) and the New York Yankees in seventh at $167 million — their lowest payroll since 2003.

World Series champion Houston was 10th at $158 million. Philadelphia was last at $64.5 million — but that doesn't include Arrieta's $30 million. Oakland was next-to-last at $66 million.

___

More AP baseball: https://apnews.com/tag/MLBbaseball

News from © The Associated Press, 2018
The Associated Press

  • Popular penticton News
  • Comments
View Site in: Desktop | Mobile