List of highest-paid Major League Baseball players
Major League Baseball does not have a hard salary cap, instead employing a luxury tax that applies to teams whose total payroll exceeds certain set thresholds for a given season. Free agency did not exist in MLB prior to the end of the reserve clause in the 1970s, allowing owners before that time to wholly dictate the terms of player negotiations and resulting in significantly lower salaries.
Babe Ruth, widely regarded as one of the greatest baseball players ever, earned an estimated $856,850 over his entire playing career. When asked whether he thought he deserved to earn $80,000 a year, while the president, Herbert Hoover, had a $75,000 salary, Ruth famously remarked, "What the hell has Hoover got to do with it? Besides, I had a better year than he did."
Pitcher Nolan Ryan was the first player to earn an annual salary above $1 million, signing a $4.5 million, 4-year contract with the Houston Astros in 1979. Kirby Puckett and Rickey Henderson signed the first contracts which paid an average of $3 million a year in November 1989. In 1990, Jose Canseco signed for 5 years and $23.5 million, making him the first player to earn an average of $4 million a year. It wasn't until 2010 when the average salary for all MLB players exceeded $4 million.
Alex Rodriguez signed two record-breaking contracts during his career. First, he signed a $252 million, 10-year contract with the Texas Rangers in December 2000. Baseball executive Sandy Alderson called the deal "stupefying," while Sports Illustrated noted that Rodriguez's early salaries under the contract would be greater than the annual payroll of the entire Minnesota Twins team that year. The deal was the largest sports contract in history, doubling the total value of Kevin Garnett's $126 million National Basketball Association contract and more than doubling Mike Hampton's $121 million contract, the previous MLB record which had been signed just days before. The Rangers traded Rodriguez before the 2004 season to the New York Yankees for Alfonso Soriano, though Texas agreed to pay $67 million of the $179 million outstanding on the contract. Rodriguez then opted out of the remainder of his deal after the 2007 season and renegotiated a new $275 million, 10-year agreement with the Yankees, breaking his own record for the largest sports contract. Five of the 20 highest-paid players in 2013 were members of the Yankees. Their 2013 payroll was $228,835,490, roughly $12 million above the second-largest Los Angeles Dodgers. The Yankees have drawn criticism for their payroll, with some claiming it undermines the parity of MLB. From 2003 to 2024, the Yankees' payroll exceeded the luxury tax threshold every year except 2018 and 2021. Following 2020, the Dodgers and New York Mets have led the majors in payroll. The Dodgers signed Shohei Ohtani to a ten-year, $700 million contract before the 2024 season, though most of that money was deferred. Accounting for net present value, Juan Soto signed a larger contract with the Mets before the 2025 season, a 15-year, $765 million contract with no deferred money.
Highest current annual salaries
This table refers to the average annual salary for 2026, without considering signing bonuses or deferred payments.| Rank | Name | Position | Team | Salary |
| 1 | Shohei Ohtani | DH/SP | Los Angeles Dodgers | $70 million |
| 2 | Kyle Tucker | OF | Los Angeles Dodgers | $60 million |
| 3 | Juan Soto | OF | New York Mets | $51 million |
| 4 | Zack Wheeler | SP | Philadelphia Phillies | $42 million |
| 4 | Bo Bichette | 3B | New York Mets | $42 million |
| 6 | Aaron Judge | OF | New York Yankees | $40 million |
| 7 | Jacob deGrom | SP | Texas Rangers | $37 million |
| 8 | Blake Snell | SP | Los Angeles Dodgers | $36.4 million |
| 9 | Gerrit Cole | SP | New York Yankees | $36 million |
| 10 | Vladimir Guerrero Jr. | 1B | Toronto Blue Jays | $35.7 million |
Top 10 career earnings
| Name | Team | Position | Years | Earnings |
| Seattle Mariners Texas Rangers New York Yankees | SS, 3B | 1994–2016 | $485.2 million | |
| Detroit Tigers Houston Astros New York Mets San Francisco Giants | SP | 2006–Present | $409.3 million | |
| Florida Marlins Detroit Tigers | 1B, 3B, DH | 2003–2023 | $393.2 million | |
| Arizona Diamondbacks Detroit Tigers Washington Nationals Los Angeles Dodgers New York Mets Texas Rangers Toronto Blue Jays | SP | 2008–Present | $345.1 million | |
| St. Louis Cardinals Los Angeles Angels Los Angeles Dodgers | 1B, 3B, OF, DH | 2001–2022 | $341.8 million | |
| Kansas City Royals Milwaukee Brewers Los Angeles Angels Los Angeles Dodgers Arizona Diamondbacks Houston Astros | SP | 2004–2023 | $328.5 million | |
| Los Angeles Dodgers | SP | 2009–2025 | $314.7 million | |
| Los Angeles Angels | OF | 2011-Present | $303.2 million | |
| New York Yankees | SS | 1995–2014 | $266.3 million | |
| Cleveland Indians Milwaukee Brewers New York Yankees | SP | 2001–2019 | $265.0 million |
Salary progression
| Average annual salary | Date signed | Name | Team | Position | Contract duration | Ref |
| $ | Boston Red Sox | OF | ||||
| $ | Chicago White Sox | 1B | ||||
| $ | New York Yankees | SP | ||||
| $ | California Angels | 1B | ||||
| $ | Houston Astros | SP | ||||
| $ | New York Yankees | RF | 10 | |||
| $ | Baltimore Orioles | 1B | ||||
| $ | Los Angeles Dodgers | SP | ||||
| $ | Kansas City Royals | SP | ||||
| $ | Minnesota Twins | CF | ||||
| $ | California Angels | SP | ||||
| $ | Kansas City Royals | SP | ||||
| $ | Oakland Athletics | SP | ||||
| $ | San Francisco Giants | 1B | ||||
| $ | New York Yankees | 1B | ||||
| $ | Oakland Athletics | RF/DH | ||||
| $ | Boston Red Sox | SP | ||||
| $ | New York Mets | 3B/RF | ||||
| $ | Chicago Cubs | 2B | ||||
| $ | San Francisco Giants | LF | ||||
| $ | Seattle Mariners | CF | ||||
| $ | Chicago White Sox | LF | ||||
| $ | San Francisco Giants | LF | ||||
| $ | Atlanta Braves | SP | ||||
| $ | Boston Red Sox | SP | ||||
| $ | New York Mets | C | ||||
| $ | Anaheim Angels | 1B | ||||
| $ | Los Angeles Dodgers | SP | ||||
| $ | New York Yankees | SP | ||||
| $ | Toronto Blue Jays | 1B | ||||
| $ | Texas Rangers | SS | 10 | |||
| $ | New York Yankees | 3B | 10 | |||
| $ | Los Angeles Dodgers | SP | 7 | |||
| $ | Detroit Tigers | 1B | 8 | |||
| $ | Arizona Diamondbacks | SP | 6 | |||
| $ | Los Angeles Angels | CF | 12 | |||
| $ | New York Yankees | SP | 9 | |||
| $ | New York Mets | SP | 3 | |||
| $ | Los Angeles Dodgers | DH/SP | 10 | |||
| $ | New York Mets | OF | 15 | |||
| $ | Los Angeles Dodgers | OF | 4 |