San Diego cut payroll by $96 million in the past year, the New York Mets by $50 million and the Los Angeles Angels by $49 million, among nine teams that slashed spending in a tepid free-agent market that sparked player unrest.
The average salary increased 1.5% to $4.98 million on opening day, according to a study by The Associated Press. That was down from an 11.1% rise last year to $4.91 million and a 6% increase in 2022 following the end of the spring training lockout., his team’s player representative, adding he took notice “when you have reigning Cy Young, when you have seven or eight guys that are really, really good not signed.
During spring training this year, a faction of players attempted to oust union negotiator Bruce Meyer in an effort that appears to have failed.The Mets at $306 million topped payrolls for the second straight season and were followed by the Yankees , theCommissioner Rob Manfred has cited a cyclical market and the reticence of some teams to make commitments with uncertain revenue from regional sports networks.
The Mets are paying $70 million this year to other teams to cover portions of salaries of three players they traded: Houston’s’s record $70 million salary includes $68 million that won’t be paid until 2034; because that money is discounted to present-day value for the payroll, he counts at just over $28.2 million. Discounting lowersThe Mets’ end-of-season payroll projects to rise given their opening day figure doesn’t include a discounted total of $10.
Seventeen players earn $30 million or more, an increase of one; 56 earn $20 million, a rise of three; and 166 at least $10 million, a rise of eight. The 50 highest-paid players make 29% of total salary and the top 100 earn 47%, both the same as last year.The median salary, the point at which an equal number of players are above and below, remained at $1.5 million, still below the record high of $1.65 million at the start of 2015.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
San Diego State avoids an early March Madness exit, holds off UABJaedon LeDee dominated inside on the way to 32 points, Lamont Butler added 15 and No. 5 seed San Diego State held off 12th-seeded UAB 69-65 on Friday in the first round of the NCAA Tournament.
Read more »
San Diego Padres vs. Los Angeles Dodgers | 2024-03-21NHL news, NHL results, NHL standings, NHL scores, NHL teams, NHL schedule, NHL stats, NHL updates, NHL analysis, NHL highlights, NHL players, NHL events, NHL coverage, NHL articles, NHL season, NHL videos, NHL games, NHL live scores
Read more »
Morgan has a late goal, leads San Diego past Gotham FC in Challenge CupAlex Morgan scored in the 88th minute and the San Diego Wave won the Challenge Cup with a 1-0 victory over Gotham FC on Friday night in the National Women's Soccer League.
Read more »
Pfizer Leases Space at San Diego Campus for Cancer-Drug PushPfizer Inc.’s oncology division is taking space at a newly built life-sciences complex in San Diego, as the pharma giant redefines itself as a cancer-drug powerhouse.
Read more »
Top-seeded UConn blows through another opponent, beating San Diego State to reach Elite EightStephon Castle had 16 points and 11 rebounds for the top-seeded Huskies and the defending NCAA champions advanced to the Elite Eight with another double-digit victory, beating San Diego State 82-52 on Thursday night in a rematch of last year’s title game.
Read more »
UConn continues title defense, handles Northwestern 75-58San Diego State, Houston, Purdue among other top seeds that advance to Sweet Sixteen
Read more »