MLB luxury tax payrolls hit $5.2 billion in record year

MLB luxury tax payrolls hit $5.2 billion in record year

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In 2022, the total payouts for Major League Baseball players have reached new heights.

Player payouts surpass $5 billion for the first time $5.2 billion – Up from $4.5 billion a year ago.

  • That total includes player salaries for each team’s 40 rosters and is calculated as an annual average across each player’s contract.
  • Also included $16 million per club In addition, health insurance, pension insurance, spring training allowance, meals, tips, taxes, etc.

6 teams $230 million Salary threshold led by Los Angeles Dodgers $32.4 million Specification.

Paid by the New York Mets $30.8 millionThey had a league-best salary of $299.8 million, but were rated at a lower rate because they had not exceeded the salary threshold in the previous year.

The New York Yankees, San Diego Padres, Philadelphia Phillies and Boston Red Sox are also paying, which will be in MLB’s competitive balance pool.

record earnings

Record payroll totals coincided with MLB’s record earnings year $10.8 billion New media deals with Fox, TBS and ESPN brought in $1.8 billion, and sponsorship deals added another $1.2 billion.

League adds new funding sources allowed to sell teams this season sponsor uniform patch.



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