MLB’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.
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