Estimated read time: Less than a minute
This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.
NEW YORK (AP) — Major League Baseball's end-of-season average salary topped $4 million for the first time, according to final calculations released by the players' association.
The union said Friday that the average finished at $4,097,122. That marked a 3.3 percent increase from last year, when the average rose just 0.35 percent to $3,966,020, the lowest rise since 2004.
The commissioner's office said its final average was $3,955,920, up 3.4 percent from last year's $3,825,967. The union includes a pro-rated share of option buyouts that may be earned if the option is declined, while MLB does not take those into account in its average.
There were 963 players on active rosters and disabled lists on Aug. 31, the last day before the player limit expanded from 25 per team to 40. That was down one from last year.
Baseball's average salary declines during the season as some veterans are released and replaced by younger players. The added players earn at or close to the major league minimum, which was $535,000 this year and rises to $545,000 next season.
___
More AP baseball: https://apnews.com/tag/MLBbaseball
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
