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Major League Baseball (MLB) has a luxury tax called the "Competitive Balance Tax" (CBT). In place of a salary cap, the competitive balance tax regulates the total sum of money a given team can spend on their roster. Salary caps are common across professional sports leagues in the United States. Without these measures, teams would not be ...
In 2019, Mike Trout signed a 12-year, $426 million contract with the Angels, the richest contract in the history of North American sports at the time. Alex Rodriguez earned the highest salary in MLB in 2013 at $28,000,000. He also has the highest career earnings in MLB history, as well as a record 13 years with the highest AAV.
As of the 2022 season, each Major League Baseball team maintains a 26-man active roster, a 28-man expanded roster, and a 40-man reserve list of players. Players on the 26-man roster are eligible to play in official major league games throughout the season.
The deal, which is a maximum rookie extension, could be worth as much as $269 million. Per Wojnarowski, Wagner is eligible to earn 30 percent of Orlando's salary cap if he's voted to the All-NBA team.
According to ESPN's Jeff Passan, former Georgia baseball star Charlie Condon signed the largest MLB signing bonus in league history Friday at $9.25 million.
The Houston Astros released José Abreu on Friday, cutting ties with the former AL MVP less than halfway through a three-year, $58.5 million contract. General manager Dana Brown said this was an ...
This also skews the list towards sports with salary caps where salaries are therefore public knowledge and easy to cite. The contract figures referenced below are presented at face value and do not reflect potential pre or post-tax treatments. For example, contracts with European sports teams are typically quoted on a post-tax basis.
The vast majority of owners treated the luxury tax threshold as a de facto salary cap, even as players agreed to cost controls for draftees and international signees. MLB commissioner Rob Manfred ...