List Of Highest Paid Major League Baseball Players
The highest paid player in Major League Baseball (MLB) for the 2012 season is New York Yankees' third baseman Alex Rodriguez with an annual salary of $30,000,000, nearly $6 million higher than the second-highest paid player, Vernon Wells. MLB does not have a hard salary cap, instead employing a luxury tax which applies to teams whose total payroll exceeds certain set thresholds for a given season. Free agency did not exist in MLB prior to the end of the reserve clause in the 1970s, allowing owners before that time to wholly dictate the terms of player negotiations and resulting in significantly lower salaries. Babe Ruth, widely regarded as one of the greatest baseball players ever, earned an estimated $910,696 ($13,917,507 inflation-adjusted from 1931 dollars) over his entire playing career. When asked in 1929 or 1930 whether he thought he deserved earning $80,000 ($1,112,988 inflation-adjusted), while the president, Herbert Hoover, had a $75,000 salary, Ruth famously remarked, "What the hell has Hoover got to do with it? Besides, I had a better year than he did."
Rodriguez has signed two record-breaking contracts over the course of his career. First, he signed a $252 million, 10-year contract with the Texas Rangers in December 2000 ($340,090,435 inflation-adjusted from 2000 dollars). Sandy Alderson called the deal "stupefying," while Sports Illustrated noted that Rodriguez's early salaries under the contract ($21 million) would be greater than the annual payroll of the entire Minnesota Twins team that year ($15.8 million). The deal was the largest sports contract in history, doubling the total value of Kevin Garnett's $126 million National Basketball Association contract (the previous record holder) and more than doubling Mike Hampton's $121 million contract, the previous MLB record which had been signed just days before. The Rangers later traded Rodriguez to the Yankees in exchange for Alfonso Soriano before the 2004 season, though they agreed to pay $67 million of the $179 million outstanding on the contract. Despite this, he opted out of the remainder of his deal after the 2007 season and renegotiated a new $275 million, 10-year agreement with the Yankees, breaking his own record for the largest sports contract. Under this deal, Rodriguez also receives $6 million each if and when he ties the career home run totals of Willie Mays (660), Babe Ruth (714), Hank Aaron (755), and Barry Bonds (762), along with another $6 million for breaking Bonds' mark.
First base was the highest paid position in 2010; regular starters at that position earned an average salary of $9,504,165 in compared to an overall average of $3,014,572. Pitcher Nolan Ryan was the first player to earn an annual salary above $1 million, signing a $4.5 million, 4-year contract with the Houston Astros in 1979. Kirby Puckett and Rickey Henderson signed the first contracts which paid an average of $3 million a year in November 1989, while 2010 was the first season where the MLB average salary rose above that same mark. Three of the twenty highest paid players in 2012 were members of the Yankees. Their team payroll for 2012 was $197,962,289, roughly $20 million above the second-largest Philadelphia Phillies. The Yankees have drawn criticism for their payroll, with some claiming it undermines the parity of MLB.
| Member of the National Baseball Hall of Fame and Museum | |
| 1B | First baseman |
| 2B | Second baseman |
| 3B | Third baseman |
| SS | Shortstop |
| LF | Left fielder |
| CF | Center fielder |
| RF | Right fielder |
| C | Catcher |
| SP | Starting pitcher |
| RP | Relief pitcher |
| DH | Designated hitter |
Read more about List Of Highest Paid Major League Baseball Players: Highest Paid Players For 2012, Career Earnings, Salary Progression, Footnotes
Famous quotes containing the words list of, baseball players, list, highest, paid, major, league, baseball and/or players:
“The advice of their elders to young men is very apt to be as unreal as a list of the hundred best books.”
—Oliver Wendell Holmes, Jr. (1841–1935)
“The talk shows are stuffed full of sufferers who have regained their health—congressmen who suffered through a serious spell of boozing and skirt-chasing, White House aides who were stricken cruelly with overweening ambition, movie stars and baseball players who came down with acute cases of wanting to trash hotel rooms while under the influence of recreational drugs. Most of them have found God, or at least a publisher.”
—Calvin Trillin (b. 1935)
“We saw the machinery where murderers are now executed. Seven have been executed. The plan is better than the old one. It is quietly done. Only a few, at the most about thirty or forty, can witness [an execution]. It excites nobody outside of the list permitted to attend. I think the time for capital punishment has passed. I would abolish it. But while it lasts this is the best mode.”
—Rutherford Birchard Hayes (1822–1893)
“If variety is capable of filling every hour of the married state with the highest joy, then might it be said that Lord and Lady Dellwyn were completely blessed, for every idea that had the power of raising pleasure in the bosom of the one, depressed that of the other with sorrow and affliction.”
—Sarah Fielding (1710–1768)
“The farmer imagines power and place are fine things. But the President has paid dear for his White House. It has commonly cost him all his peace, and the best of his manly attributes. To preserve for a short time so conspicuous an appearance before the world, he is content to eat dust before the real masters who stand erect behind the throne.”
—Ralph Waldo Emerson (1803–1882)
“A major problem for Black women, and all people of color, when we are challenged to oppose anti-Semitism, is our profound skepticism that white people can actually be oppressed.”
—Barbara Smith (b. 1946)
“Half a league, half a league,
Half a league onward,
All in the valley of Death
Rode the six hundred.
“Forward the Light Brigade!”
—Alfred Tennyson (1809–1892)
“Baseball is the religion that worships the obvious and gives thanks that things are exactly as they seem. Instead of celebrating mysteries, baseball rejoices in the absence of mysteries and trusts that, if we watch what is laid before our eyes, down to the last detail, we will cultivate the gift of seeing things as they really are.”
—Thomas Boswell, U.S. sports journalist. “The Church of Baseball,” Baseball: An Illustrated History, ed. Geoffrey C. Ward, Knopf (1994)
“People stress the violence. That’s the smallest part of it. Football is brutal only from a distance. In the middle of it there’s a calm, a tranquility. The players accept pain. There’s a sense of order even at the end of a running play with bodies stewn everywhere. When the systems interlock, there’s a satisfaction to the game that can’t be duplicated. There’s a harmony.”
—Don Delillo (b. 1926)