With 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.