Major League Baseball (MLB) minimum player salary 2003-2019

Minimum player salary in Major League Baseball from 2003 to 2019 (in 1,000 U.S. dollars)

by Christina Gough, last edited Sep 18, 2019
Major League Baseball (MLB) minimum player salary 2003-2019 Major League Baseball has a minimum player salary in place to ensure that its athletes are fairly compensated for the work they do. The MLB minimum salary in 2019 stood at a handsome 555 thousand U.S. dollars annually, representing a steady increase each year over the last 15 years.

Money to be made in the MLB

MLB players are known to receive generous yearly salaries, in addition to performance incentives, such as prizes for games won. The average player salary in 2019 was more than seven times higher than the minimum salary, at around 4.36 million U.S. dollars. This also represents almost double the average player salary from 2003, illustrating the rapid boom of money in baseball. However, there are large descrepancies between the salaries offered to players by different franchises. While players at the San Francisco Giants can expect to take home an average of 7.38 million U.S. dollars annually, professionals for the Oakland Athletics have to settle with just 2.09 million U.S. dollars a year on average.

MLB's biggest earners

Certain positions in the MLB, such as first base or starting pitcher, are usually better paid due to the important roles they are considered to have in the game. The highest paid players in the MLB in the 2019 season include Washington Nationals’ pitcher, Stephen Strasburg, and Arizona Diamondbacks’s pitcher, Zack Greinke, with an annual salary of over 34 million U.S. dollars each. In 2019, the Boston Red Sox were the best-paid baseball team in the MLB as the famous franchise based at Fenway Park had an opening day payroll of 213.19 million U.S. dollars. The Miami Marlins, on the other hand, were the most thrifty franchise with an opening day payroll of just under 63 million U.S. dollars.
Show more

Minimum player salary in Major League Baseball from 2003 to 2019 (in 1,000 U.S. dollars)

You need to log in to download this statistic
Register for free
Already a member?
Log in
Statista Accounts: Access All Statistics. Starting from $588 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Premium Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$49 / Month *

Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract.
   Prices do not include sales tax.
Leading companies trust Statista:
paypalgoogleadobepgsamsungtelekom
Related Studies: Available to Download in PDF or PPTX Format
Major League Baseball
Major League Baseball

All Information
in one Presentation

Major League Baseball

Everything On "Major League Baseball" in One Document: Edited and Divided into Handy Chapters. Including Detailed References.

I think of Statista as Google for researchers. Statista provides you with the information you search for right away.
Dr. Horst Stipp

Dr. Horst Stipp
EVP, Research & Innovation, Advertising Research Foundation

Statistics on "Major League Baseball"
  • League financials
  • Brand & franchise value
  • TV & media
  • Participation & popularity
  • Game attendance & experience
  • Players & salaries
Discover Statista
Need help with using Statista for your research? Tutorials and first steps
Further Content: Statistics, Studies, and Topic Pages
Learn more about how Statista can support your business.
Do you have any questions about our business solutions?

We provide you with detailed information about our Corporate Account.