About This Statistic
This statistic shows the highest paid players in Major League Baseball in 2016. Clayton Kershaw of the Los Angeles Dodgers receives a salary of 32 million U.S.dollars for the 2016 season.
Highest paid players in MLB -- additional information
Major League Baseball players receive generous yearly salaries, along with performance incentives and endorsement deals. The Major League Baseball minimum salary was set at 507.5 thousand U.S. dollars per year in 2016, one of the highest figures to date. The average player salary in the MLB is much higher though. In 2015, the average player salary in the MLB stood at 3.84 million U.S. dollars.
There is a major difference of 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. Clayton Kershaw, Los Angeles Dodgers’ starting pitcher, is the highest paid Major League Baseball player, with total earnings of 32.8 million U.S. dollars in 2016. Boston Red Sox’s starting pitcher David Price ranks second on the list, while Detroit Tigers’ starting pitcher Justin Verlander takes the fourth place, with total earnings of 28.6 million U.S. dollars. Verlander’s teammate Miguel Cabrera is the highest paid first baseman. In 2016, Cabrera’s earning total 30 million U.S. dollars.
The Los Angeles Dodgers not only have the top player salary in the league, but also have the highest team payroll amongst all sports teams. During the 2014/2015 season, the LA-based team spent more than 270 million U.S. dollars on player salaries, while the Boston Red Sox, for example, spent about 187 million U.S. dollars. Along with the Los Angeles Dodgers and the Boston Red Sox, Detroit Tigers and the New York Yankees have the highest payrolls in the league. In 2016, the New York Yankees had the highest opening day payrolls in the league – 224.85 million U.S. dollars.