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How much are the New York Yankees paying Giancarlo Stanton? We break down the 10-year, $265 million contract.
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How Much Are the Yankees Paying Stanton?
The New York Yankees have agreed to a deal with Giancarlo Stanton that will pay the slugger $325 million over 13 years, a record total for a player. The agreement, which is subject to a physical, was reached late Monday night, a person familiar with the negotiations said.
How much are the Yankees paying Stanton?
The New York Yankees are reportedly paying slugger Giancarlo Stanton $265 million over 13 years as part of his record-setting contract.
The total value of the deal, which was first reported by ESPN, is the largest ever for a Major League Baseball player. Stanton’s average annual salary of $20.4 million is also a record.
The agreement between Stanton and the Yankees is pending a physical, which is scheduled for Monday. If all goes well, Stanton could be officially introduced as a Yankee as early as Tuesday.
The 28-year-old Stanton joins a star-studded Yankees lineup that includes fellow sluggers Aaron Judge and Gary Sanchez. The team is coming off a season in which it came one win shy of reaching the World Series.
With Stanton in the fold, the Yankees are expected to be one of the favorites to win the World Series next season.
How much are the Yankees paying for other players?
The New York Yankees are known for spending big money on their players, and they seem to be doing it again with the recent signing of Giancarlo Stanton. But just how much are the Yankees paying for other players on their roster?
The short answer is that the Yankees are currently paying about $230 million for their 25-man roster. This includes salaries, signing bonuses, and other forms of guaranteed income.
Here is a breakdown of the Yankees’ payroll by player:
Player | Salary
— | —
Giancarlo Stanton | $25 million*
Masahiro Tanaka | $22 million
Jacoby Ellsbury | $21.1 million
CC Sabathia | $10 million
Aroldis Chapman | $11 million
*Stanton’s salary is actually higher, but we will get to that later.
The Yankees also have a number of players who are making close to the league minimum of $545,000, so their average salary is actually closer to $20 million per year. So how does Stanton’s contract compare to other Yankees’ contracts? Let’s take a look.
Stanton’s Contract | Average Annual Value | Total Value | Length (years) | Signing Bonus
—|—|—|—|—
$25 million* |$25 million|$325 million|13 years|$10 million
*Stanton’s salary is actually higher, but we will get to that later.As you can see, Stanton’s contract is worth an average of $25 million per year, which puts him right in line with what the Yankees are paying for their other top players. However, his contract is much longer than most other player contracts, so he will be paid more over the life of his deal than any other Yankee (excluding Alex Rodriguez, who signed a 10-year/$275 million deal in 2007).
How much are other teams paying for Stanton?
The New York Yankees are currently in the process of signing outfielder Giancarlo Stanton to a 13-year, $325 million contract. This contract will make Stanton the highest-paid player in Major League Baseball history. However, Stanton is not the only player that is being paid a high salary.
How much are the Dodgers paying for Stanton?
The Dodgers are said to be paying around $270 million for Stanton over the next ten years.
How much are the Cubs paying for Stanton?
The Cubs are paying $38 million of the $295 million left on Stanton’s contract, or about 13 percent. The Yankees are paying the rest.
How much are the Yankees worth?
Forbes recently reported that the Yankees are now worth $4 billion, which is up from $3.7 billion last year. That makes them the most valuable MLB franchise for the 20th consecutive year. The Yankees are also the most valuable franchise in all of professional sports.
How much are the Yankees worth?
The Yankees are worth an estimated $4 billion, according to Forbes. That figure is good for second in MLB, behind only the Los Angeles Dodgers ($2.75 billion). The Yankees’ value has increased by 15% since last year.
How much are the Dodgers worth?
The Dodgers are currently worth an estimated $2.75 billion, which is good for fourth in MLB.
How much are the Cubs worth?
The Yankees are baseball’s most valuable franchise, worth an estimated $4 billion. The Cubs are second, at $3.2 billion.