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MLB Free Agency Seeing Nearly A Billion Dollars Spent on 54 Players PDF Print E-mail
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Free Agency, Trades, and Signings
Written by Maury Brown   
Friday, 17 December 2010 08:52

MLBMLB’s  2010 off-season has shown that when you can earn $7 billion in revenues in a down economy, clubs can spend it.

The 54 players that have signed Major League free agent contracts so far this off-season have seen a total of $914,100,000 in total contract dollars, or an average of $16,927,778. Of those, 26 players have seen 1-year deals totaling $92,150,000 with the highest being Hiroki Kuroda of the Dodgers ($12,000,000) followed by Carlos Pena’s deal with the Cubs ($10,000,000).

Multi-year deals total a staggering $821,950,000 with the largest being Carl Crawford’s 7-year, $142 million deal with the Red Sox followed by Jayson Werth’s 7-year, $126 million deal with the Nationals. Multi-year deals for the 29 players are seeing an average annual value (AAV) of $10,404,430.38.

Maury BrownMaury 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, as well as a contributor to FanGraphs and Forbes SportsMoney. He is available for hire or freelance. 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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