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MLB's average salary finishes over $3 million

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baseball MLB's average salary finishes over $3 million

NEW YORK (KMOX) — The average salary in Major League Baseball has finished over $3 million for the first time.

The 912 players in the major leagues before rosters expanded in September averaged $3,014,572, the Major League Baseball Players Association said Monday. The average rose 0.6 percent from last year’s $2,996,106, the smallest increase since a 2.5 percent drop in 2004.

The New York Yankees had the highest average at $7,604,937, down slightly from a $7,663,351 average when they won the World Series in 2009. Pittsburgh was last for the second straight season at $1,140,598.

The breakdown:

The Major League Baseball Players Association has compiled a list of average baseball salary and the minimum salary from 1979-2000.   

  • Year     Minimum   ‘ Average
    1967      $6,000     $19,000
    1968      10,000        NA
    1969      10,000      24,909
    1970      12,000      29,303
    1971      12,750      31,543
    1972      13,500      34,092
    1973      15,000      36,566
    1974      15,000      40,839
    1975      16,000      44,676
    1976      19,000      51,501
    1977      19,000      76,066
    1978      21,000      99,876
    1979      21,000     113,558
    1980      30,000     143,756
    1981      32,500     185,651
    1982      33,500     241,497
    1983      35,000     289,194
    1984      40,000     329,408
    1985      60,000     371,571
    1986      60,000     412,520
    1987      62,500     412,454
    1988      62,500     438,729
    1989      68,000     497,254
    1990     100,000     597,537
    1991     100,000     851,492
    1992     109,000   1,028,667
    1993     109,000   1,076,089
    1994     109,000   1,168,263
    1995     109,000   1,110,766
    1996     122,667   1,119,981
    1997     150,000   1,336,609
    1998     170,000   1,398,831
    1999     200,000   1,611,166
    2000     200,000   1,895,630
    2001     200,000   2,138,896
    2002     200,000   2,295,649
    2003     300,000   2,372,189
    2004     300,000   2,313,535
    2005     316,000   2,476,589
    2006     327,000   2,699,292
    2007     380,000   2,824,751
    2008     390,000   2,925,679
    2009     400,000   2,996,106
    2010     400,000   3,014,572

 

For 1987-2000, signing bonuses are increased at 9 percent per year.

Starting in 2001, salary deferrals, buyouts and bonuses have been increased or discounted to the prime rate in effect on the Nov. 1 following the season plus 1 percent. 

 

Copyright 2010 The Associated Press

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