Home MLB News Yankees Post Record Year End Payroll: $218.3 million

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Yankees Post Record Year End Payroll: $218.3 million PDF Print E-mail
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Written by Maury Brown   
Wednesday, 23 January 2008 20:33

MLBWith final year end player payroll figures for 2007 now released, all 30 teams combined for a total of $2,711,274,581 in player compensation. Of that, the New York Yankees, once again, posted the highest team payroll at $218,311,394, or $23,082,349 more than on Opening Day. The majority of that difference was related to the mid-season signing of Roger Clemens. As reported by Ronald Blum of The AP:

The Yankees were set to fall under the $200 million mark before signing Roger Clemens, who increased their payroll by $17.4 million. He went 6-6 with a 4.18 ERA in 18 appearances.

New York is on track to lead the major leagues in payroll again but its total appears likely to drop. The Yankees have committed $198.6 million to 19 signed players on their 40-man roster. Adding in the midpoints for their three players remaining in arbitration -- Chien-Ming Wang, Robinson Cano and Brian Bruney -- the total increases to $207.6 million.

A distant second was the World Series winning Boston Red Sox with a year end player payroll of $155,402,595. The Dodgers ($125,581,316), Mets ($120,927,727), and Cubs ($115,943,318) round out the top 5. The Blue Jays at sit in the middle of the pack (15 of the 30 clubs) at $95,069,351. The five teams at the bottom include the Tampa Bay Rays as the lowest of all 30 clubs ($31,817,020), followed by the Marlins ($33,072,472), Nationals ($43,254,278), Pirates ($51,360,907), and the NL Champion Rockies ($61,348,681).

This year marks the ninth straight year that the Yankees had the highest player payroll since the Baltimore Orioles held that claim in 1998 ($68,988,134 to the Yankees second place showing of 63,460,567)

Blum also reports that total revenues for the 30 clubs for the past 3 years are as follows:

  • 2007 - $6.075 billion
  • 2006 - $5.2 billion
  • 2005 - $4.7 billion

The Biz of Baseball will be doing an extensive evaluation of all 30 clubs payrolls tomorrow, by evaluating the following:

  • Difference in team payroll from opening day to end of year
  • Marginal Payroll, Marginal Wins and Cost by Marginal Win by league, by AL and NL, by Division
  • Marginal Payroll, Marginal Wins and Cost by Marginal Win for all teams in the 2007 postseason
  • Teams that spent the most and least per Cost by Marginal Win 

 Check back often for details.


Maury Brown

Maury Brown is the founder and president of the Business of Sports Network, which includes The Biz of Baseball, The Biz of Football, The Biz of Basketball and The Biz of Hockey. He is also an author for Baseball Prospectus, Basketball Prospectus and is an available writer for other media outlets.

Brown's full bio is here. He looks forward to your comments via email and can be contacted through the Business of Sports Network.

 
 
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