2019 MLB payrolls drop due to signing bonuses - TSN.ca

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2019 MLB payrolls drop due to signing bonuses - TSN.ca
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2019 MLB payrolls drop due to signing bonuses. MORE:

Payrolls, however, rose by $131 million when using the averages of multiyear contracts. Following a winter in which many journeymen took cuts, a string of stars signed huge long-term deals during March and April.

Just three teams are on track to pay luxury tax. World Series champion Boston projects to owe $11.8 million, the Chicago Cubs $5.3 million and the New York Yankees just under $4 million. Figures will fluctuate during the season due to roster moves. Using the average annual values of contracts plus a little over $14 million per team in benefits this year — the measurement used for the luxury tax — payrolls went up 3 per cent from $4.415 billion to $4.545 billion, but remained below the $4.549 billion at the start of 2017.

Signing bonuses can impact payroll calculations. Trout originally was set to earn a $33.25 million salary this year, but his record $426.5 million, 12-year contract dropped his salary to $16 million and added a $20 million signing bonus due May 31. That lowered his figure for the 2019 payroll calculation from $34.08 million to $18.5 million.

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