How Much is Yankees Payroll?

The New York Yankees have the highest payroll in baseball. Here’s a look at how much they’re paying each player on their roster.

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Introduction

The Yankees have the highest payroll in baseball, and they have for several years now. In 2019, their payroll was just over $220 million. That’s nearly double the payroll of the second-highest team, the Los Angeles Dodgers. It’s also about $50 million more than the third-highest team, the Boston Red Sox.

Yankees Payroll in 2019

The Yankees’ 2019 payroll will be just under $220 million after the team added left-handed reliever Zach Britton on a three-year, $39 million deal, according to Spotrac. That’s good for fifth in MLB, behind the Boston Red Sox ($246M), Philadelphia Phillies ($208M), Chicago Cubs ($206M) and San Francisco Giants ($202M).

It’s also worth noting that the Yankees’ Opening Day payroll has averaged $209 million over the last five seasons, according to MLB Trade Rumors. So while this year’s team is certainly on the expensive side, it’s not unprecedented for New York.

Yankees Payroll in 2020

In 2020, the New York Yankees had a total payroll of $245 million. This number was slightly down from their 2019 payroll of $246 million. The Yankees’ payroll is the highest in baseball, and has been for many years. In fact, their payroll has been over $200 million for 14 consecutive seasons.

Yankees Payroll in 2021

The New York Yankees have the highest payroll in baseball for the 2021 season, with a total of $223 million. The team’s opening day payroll is just over $200 million, which is also the most in baseball. The Yankees’ luxury tax bill for the 2021 season is an estimated $26 million.

Conclusion

The New York Yankees have the highest payroll in baseball for the 2019 season, at $222 million. The Yankees are followed by the Houston Astros, who have a payroll of $196 million.

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