Payrolls rose 12.6% to a $4.56 billion last year, breaking the previous record set in 2017, and are set to go even higher this year.
SCOTTSDALE, Ariz. — A handful of free-spending owners in Major League Baseball have made some of the game's other owners a little nervous.“Baseball is doing very well,” Clark said on Saturday as the first full slate of spring training games began in Florida and Arizona.
This offseason, salaries have risen following last year’s agreement on a five-year labor contract with the players’ association. Clark said that's evidence that teams from markets of all sizes can compete financially and on the field, noting that the Padres have seen an uptick in fan interest. More than 5,500 minor league baseball players formed a union in September in an effort to boost annual salaries as low as $10,400. Negotiations began in November to secure the first labor agreement for the minor leagues.
MLB ended the Professional Baseball Agreement that governed the relationship between the majors and minors in late 2020, after minor league seasons were canceled because of the coronavirus pandemic.
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