MLB average salary increases 3.8 percent to $3.2 million
NEW YORK Baseball's average salary increased 3.8 percent this year to a record $3.2 million.
According to final figures released Friday by the Major League Baseball Players Association, the rise was the steepest since 2007. The boost was helped by an increase in the minimum salary from $414,000 to $480,000.
The New York Yankees had the highest average for the 14th consecutive season at $6.88 million, rising after consecutive declines from a peak of $7.66 million when they won the World Series in 2009. Alex Rodriguez tops the high-priced team with a $30 million salary.
The Los Angeles Dodgers rose from 13th to second at $5.55 million and Texas from 15th to fifth at $4.89 million.
At nearly $685,000 Houston had the lowest average since the 2006 Florida Marlins.
BC-BBO--Average Salary, List,0283
Average Baseball Salary By Year
Average baseball salary as compiled by the Major League Baseball Players Association and the minimum salary. For 1979-2000, salary deferrals without interest are discounted at 9 percent per year. For 1987-2000, signing bonuses are increased at 9 percent per year. Starting in 2001, salary deferrals, buyouts and bonuses have been increased or discounted to the prime rate in effect on the Nov. 1 following the season plus 1 percent:
Year Minimum ' Average
1967 $6,000 $19,000
1968 10,000 NA
1969 10,000 24,909
1970 12,000 29,303
1971 12,750 31,543
1972 13,500 34,092
1973 15,000 36,566
1974 15,000 40,839
1975 16,000 44,676
1976 19,000 51,501
1977 19,000 76,066
1978 21,000 99,876
1979 21,000 113,558
1980 30,000 143,756
1981 32,500 185,651
1982 33,500 241,497
1983 35,000 289,194
1984 40,000 329,408
1985 60,000 371,571
1986 60,000 412,520
1987 62,500 412,454
1988 62,500 438,729
1989 68,000 497,254
1990 100,000 597,537
1991 100,000 851,492
1992 109,000 1,028,667
1993 109,000 1,076,089
1994 109,000 1,168,263
1995 109,000 1,110,766
1996 122,667 1,119,981
1997 150,000 1,336,609
1998 170,000 1,398,831
1999 200,000 1,611,166
2000 200,000 1,895,630
2001 200,000 2,138,896
2002 200,000 2,295,649
2003 300,000 2,372,189
2004 300,000 2,313,535
2005 316,000 2,476,589
2006 327,000 2,699,292
2007 380,000 2,824,751
2008 390,000 2,925,679
2009 400,000 2,996,106
2010 400,000 3,014,572
2011 414,000 3,095,183
2012 480,000 3,213,479