How much are minor league baseball players paid in 2024?

How much are minor league baseball players paid in 2024: Things have changed in a big way for minor league baseball players in a relatively short period of time.

baseball players paid in 2024

Minor league baseball players paid in 2024:

Playing conditions, including housing and nutrition, are better than ever and, perhaps most importantly, so are the salaries that MILB players earn for their efforts on the diamond. These changes have far-reaching implications and make playing pro baseball—and keeping the MLB dream alive for a long time—possible for players around the country.

 

So, how much will minor league baseball players paid in 2024?

 

See below for the dramatic difference in numbers and benefits offered to players in 2019 compared to 2024 and baseball players paid in 2024.

 

Weekly Salary minor league baseball players paid in 2024 2019 2021 2

Rookie-level $290 $400 $675

$290 $500 $850 at Lo

High-A $290 $500 $900

Double-A $350 $600 $1,000

Triple-A $502 $700 $1,200

Spring Training $0 $0 $625

Offseason Camp $0 $0 $625

*Offseason home $0 $0 $250

 

Minimum Annual Salary minor league baseball players paid in 2024 2019 2021

Rookie-level $3,480 $4,800 $19,800

Low A $6,380 $11,000 $26,200

High-A $6,380 $11,000 $27,300

Double-A $7,700 $13,800 $30,250

Triple-A $11,044 $17,500 $35,800

 

Baseball Players Paid In 2024

 

*Players are not paid during the December-January “dead period”, where they cannot be contacted by their agency.

In-season accommodation not provided Not provided by the team

Transportation to the ballpark is not provided.Not provided by the team

Travel one bus two buses two buses

Meals not provided Two meals per day Two meals per day

Daily Daily $25 $25 $30

Name, Image and Similar Rights Reserved by Teams Rights Reserved by Teams Controlled by Players

Health insurance ends on the day of the player’s release Ends on the day of the player’s release Continues for two to three months after release

 

Baseball players paid in 2024:

MLB team with highest 2024 payroll: Mets on top

The average total team salary across MLB in 2024 is $115,023,768
The New York Mets have the highest payroll at $308,681,514.
The lowest salary belongs to the Oakland Athletics at $63,259,495.
Baseball is an costly business, and it often seems that there is no finish to the amount of money that big-market owners will spend on top players on their teams.

As mega-contracts become more common across the league and payrolls continue to grow, some teams view the annual luxury tax threshold as a mere inconvenience rather than a real barrier to spending.

As of May 2024, the average total salary for all MLB teams in 2024 is $115,023,768.

Below are all the MLB teams and their payrolls for 2024, according to Spotrac.

 

Baseball players paid in 2024

MLB teams with the highest salaries in 2024

1. Mets
The Mets had the highest salary in 2023 and were only passed on in the offseason when Juan Soto was traded to the Yankees.

After signing JD Martinez, the Mets are now back at the top of this list.

Despite the financial commitment, New York remains an MLB odds long shot after the 75-87 campaign.

2. The Yankees
Thanks to the addition of Soto in the offseason, the Yankees are among the maximal spenders ahead of the 2024 season.

Soto is one of four players to make at least $31,000,000 this year, joining Aaron Judge ($40,000,000), Gerrit Cole ($36,000,000), and Giancarlo Stanton ($32,000,000).

After missing the postseason last year, the Yankees expectance a large payroll stack will boost their MLB playoff odds in the AL East division.

7. The Dodgers
The Dodgers made the biggest splash in free agency by signing two-way star Shohei Ohtani to a record-setting 10-year, $700 million contract and handing Yoshinobu Yamamoto the largest contract for a pitcher in MLB history before he threw a pitch. This is the league.

But the Dodgers are only seventh in total payroll because Ohtani will turn over $68 million of his annual $70 million, meaning less than 1% of this year’s salary. Mookie Betts, Freddie Freeman and Tyler Glasnow are currently the highest paid members.

Unsurprisingly, the Dodgers are World Series odds favorites with their star-studded roster.

30. Athletics
The Oakland Athletics finished last in the league in payroll for the second consecutive season.

That’s not entirely because of the team’s financial history, as the franchise prepares to move to Las Vegas in 2028. That story isn’t over, though.

With or without a move to Las Vegas, Oakland will be at the bottom of my 2024 MLB power rankings.

Leave a Reply

Your email address will not be published. Required fields are marked *