MLB's five highest and five lowest payrolls for the 2024 season.
Major League Baseball will fully open the 2024 season this week. As rosters are being finalized, we finally have a look at how much money teams will spend. What follows is a look at the five highest and five lowest of MLB's 30 payrolls.The Mets are at the top of baseball in spending for the second straight season with a payroll of more than $301,500,000. Owner Steve Cohen will hope to get a better return on his investment this year following a sub-.
There was a time when the Yankees were known as the most willing spenders in sports. Now they're not even the highest spending team in New York.There's a pretty big gap between the New York teams and everyone else, but Houston's $237.3 million payroll is nothing to sneeze at. Just five years ago the Astros would have been a few million behind the highest-paid team in the league, but now their payroll looks like a bargain.
The Phillies are going for it and spending big. They have handed out massive contracts in each of the past two offseasons and their payroll reflects a desire to win. And win now.It's pretty amazing that at $224.3 million the Braves have the fifth-highest payroll in baseball, but rank third in the National League East. Atlanta doesn't have a single salary of more than $22 million, but has a ton of depth and also $26.4 million in retained salary for players no longer with the franchise.
Opening Day starter Zach Eflin is the only player on the roster with an eight-figure salary, as he'll make $11 million this season. Randy Arozarena , Yandy Diaz , Isaac Paredes and Josh Lowe are all wildly underpaid, helping Tampa keep its bills down.The Marlins went 84-78 and reached the postseason in 2023 with a payroll of $105.4 million. They slashed that number by nearly $20 million in 2024.
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