The average Major League Baseball salary this year will be more than $4 million -- a record
Baseball is not dying. Via the Associated Press:
That average salary will be $4.25 million, according to the AP’s calculations.
MLB owners are also pulling in more money than ever, so this isn’t some kind of random, lopsided spike.
“MLB’s revenues have grown in recent years, with the increase in national and local broadcast rights fees being a primary contributor,” Dan Halem, Major League Baseball’s chief legal officer, told the Associated Press on Tuesday. “It is expected that player compensation will increase as club revenues increase.”
For context, the average MLB salary in 2001 was $2 million. It hit $3 million in 2008.