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Kirby Puckett and Rickey Henderson signed the first contracts which paid an average of $3 million a year in November 1989. In 1990, Jose Canseco signed for 5 years and $23.5 million, making him the first player to earn an average of $4 million a year. It wasn't until 2010 when the MLB average salary rose above that same mark. [7] [8]
In 2005, Jeff Euston, Tierney's great-great-nephew, created a website tracking all salaries of MLB players, naming it "Cot's Baseball Contracts", after his baseball ancestor. Considered "the unofficial clearinghouse for MLB contracts", the website had 4 million page views by the end of 2008. [17]
The first agreement stated that the top five salary teams in each year would pay a 34% fine on each dollar a team spent beyond halfway between the salaries of the fifth and sixth teams. For example, if the fifth-highest salary team had a payroll of $100 million and the sixth-highest salary team had a payroll of $98 million, the top five teams ...
And in order to re-sign Hernández, the team’s pushed its luxury tax payroll past last year’s total of $353 million, according to Cot’s Baseball Contracts, setting them up for heavy tax ...
Major League Baseball salaries at their highest levels are staggering, with three players earning $40 million or more in the 2023 season. And MLB contracts are guaranteed, whether players play all ...
Judge’s salary was also matched by Texas right-hander Jacob deGrom, who made $40 million this year and also in 2025, before dropping down to $38 million in ’26.
Ellis Ferguson "Cot" Deal (January 23, 1923 – May 21, 2013) was an American pitcher and coach in Major League Baseball. Listed at 5 ft 10.5 in (1.79 m), 185 lb (84 kg), Deal was a switch-hitter and threw right-handed. A native of Arapaho, Oklahoma, he grew up in Oklahoma City and was nicknamed "Cot" for his cotton-top hair color.
The play on the diamond garners the spotlight, but these days, Major League Baseball players' salaries are dazzling too, with figures teams of past eras would balk at. The New York Yankees inked ...