The New York Yankees have the highest payroll in baseball. The Yankees have a total of $228 million committed to player salaries for the 2019 season.
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The New York Yankees are a Major League Baseball team based in the Bronx, New York City. They compete in the American League East Division. The Yankees began play in 1901 as an expansion team and have won 27 World Series championships, more than any other team in baseball history. The Yankees payroll for the 2019 season is $223 million.
The New York Yankees’ Payroll
The New York Yankees’ payroll stands at $223 million for the 2019 season, the highest in MLB. The Los Angeles Dodgers are second at $199 million. The Yankees’ payroll has been over $200 million every year since 2000 and has topped $250 million four times, most recently in 2017.
How the New York Yankees’ Payroll Compares to Other MLB Teams
The New York Yankees currently have the highest payroll in Major League Baseball, paying out over $210 million to their players. The Yankees’ payroll is nearly $40 million more than the second highest paying team, the Los Angeles Dodgers. In fact, the Yankees’ payroll is nearly double that of the Florida Marlins, who have the lowest payroll in baseball at just over $22 million.
Not surprisingly, the Yankees have also been one of the most successful teams in recent years. Since 2000, they have won five World Series titles and have made the playoffs 14 times. They are also regularly among the leaders in attendance and revenue.
However, it should be noted that spending more money on players does not guarantee success. For example, the Philadelphia Phillies have had one of the highest payrolls in baseball for several years but have not won a World Series since 1980. The same can be said for the Chicago Cubs, who haven’t won a World Series in over 100 years despite having a payroll that is regularly near the top of MLB.
How the New York Yankees’ Payroll Compares to Other Teams in Major League Baseball
As of the 2019 season, the New York Yankees have the highest payroll of any team in Major League Baseball. Their payroll for the season is $223 million. The next highest payroll belongs to the Los Angeles Dodgers, at $196 million. The Yankees’ payroll is more than double that of the Miami Marlins, who have the lowest payroll in MLB at $104 million.
The Yankees’ high payroll has helped them to be one of the most successful teams in baseball over the past few decades. They have won the World Series 27 times, more than any other team in MLB history.
The Yankees have the highest payroll in baseball for the 2020 season, at $328 million. This is nearly double the league average of $159 million, and $50 million more than the second-highest team, the Los Angeles Dodgers. The Yankees’ high payroll allows them to field a highly competitive team year after year, and they have won a record 27 World Series titles.