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Highest-paid MLB players: Salaries, record deals & history

Baseball pitch

Key highlights:

• 💰 Largest current contracts – See which MLB stars earn the most after Juan Soto and Shohei Ohtani. 

• 🏆 Biggest contracts in history – From A-Rod to Ohtani, learn which record-breaking deals set a new bar for future superstars' pay.

• ⚾ How MLB compares to the NFL & NBA – Baseball pay structure is unique, with no salary cap and no maximums for individual contracts. Learn why it's different from the NBA and NFL.

MLB salaries are skyrocketing, with superstars landing record-breaking contracts and reshaping the sport's financial landscape. From massive 2025 deals to historic free-agency battles, baseball has seen its share of groundbreaking negotiations. How did we get here? We break down the highest-paid baseball players of 2025, including the evolution of baseball salaries, the most lucrative contracts in baseball history, and how MLB salaries compare to other major leagues.

Current top MLB contracts by total value

Note: Annual salaries vary based on contract structures, including deferred payments and incentives. These rankings are based on the total amount the player is scheduled to earn during the life of their contract. 

Rank/ Player

Team/ Position

Total Contract

Contract Length

Description

1/Juan Soto

New York Mets/ Outfield

$765 M

2025-39

Soto's record-breaking contract is the largest in MLB history.

2/Shohei Ohtani

Los Angeles Dodgers/ Pitcher, DH

$700M

2024-33

Ohtani's historic deal includes extensive deferred payments to help the Dodgers' payroll flexibility.

3/Mike Trout

Los Angeles Angels/ Outfield

$426.5M

2019-30

A three-time MVP, Trout's contract underscores his generational talent.

4/Mookie Betts

Los Angeles Dodgers/ Outfield

$365M

2021-32

Betts' long-term extension secured him as a franchise player for the Dodgers.

5/Aaron Judge

New York Yankees/ Outfield

$360M

2023-31

Judge's massive contract followed his historic 62-home-run season.

6/Manny Machado

San Diego Padres/Third Base

$350M

2023-33

Machado's extension keeps him in San Diego as one of the game's best all-around players.

7/ Francisco Lindor

New York Mets/ Shortstop

$341M

2022-31

Lindor's contract reflects his elite defense and leadership at shortstop.

8/ Fernando Tatis Jr.

San Diego Padres/ Shortstop, Outfield

$340M

2021-34

A dynamic star, Tatis Jr.'s deal locks him in as one of the faces of the Padres' future.

9/Bryce Harper

Philadelphia Phillies/ Outfield

$330M

2019-31

Harper's contract set a record and solidified his role as a Philadelphia icon.

T-10/ Giancarlo Stanton

New York Yankees/ Outfield, DH

$325M

2015-27

Originally signed with the Marlins, Stanton's power-hitting ability made this deal one of the largest ever.

T-10/Corey Seager

Texas Rangers/ Shortstop

$325M

2022-31

Seager's contract helped solidify Texas' infield and led to a World Series title.

T-10/ Yoshinobu Yamamoto

Los Angeles Dodgers/ Starting Pitcher

$325M

2024-35

Signed from Japan, Yamamoto's deal set a new benchmark for international signings.

Top 10 highest-paid MLB players by total career earnings (through 2024)

Note: These rankings represent the total earnings accumulated by players throughout their careers through the end of the 2024 season.

  • 1. Alex Rodriguez

Team(s): Seattle Mariners, Texas Rangers, New York Yankees

Position(s): Shortstop/3rd Base

Estimated Total Career Earnings (according to Spotrac): $455,159,552

Description: Held the record for the largest contract twice and remains the highest-paid player in MLB history.

  • 2. Justin Verlander

Team(s): Detroit Tigers, Houston Astros, New York Mets

Position(s): Starting Pitcher

Estimated Total Career Earnings (according to Spotrac): $394,254,888

Description: A dominant pitcher with multiple Cy Young Awards and World Series titles.

  • 3. Miguel Cabrera

Team(s): Florida Marlins, Detroit Tigers

Position(s): First Base

Estimated Total Career Earnings (according to Spotrac): $393,188,685

Description: A two-time MVP and Triple Crown winner known for his elite hitting ability.

  • 4. Albert Pujols

Team(s): St. Louis Cardinals, Los Angeles Angels, Los Angeles Dodgers

Position(s): First Base, OF, DH

Estimated Total Career Earnings (according to Spotrac): $341,810,741

Description: One of the greatest right-handed hitters in MLB history, with over 700 home runs.

  • 5. Zack Greinke

Team(s): Kansas City Royals, Milwaukee Brewers, Los Angeles Dodgers, Arizona Diamondbacks, Houston Astros

Position(s): Starting Pitcher

Estimated Total Career Earnings (according to Spotrac): $315,974,948

Description: Cy Young winner is known for his longevity and pitching intelligence.

  • 6. Max Scherzer

Team(s): Arizona Diamondbacks, Detroit Tigers, Washington Nationals, New York Mets, Texas Rangers

Position(s): Starting Pitcher

Estimated Total Career Earnings (according to Spotrac): $314,574,999

Description: One of the fiercest competitors in baseball, with multiple Cy Young Awards.

  • 7. Clayton Kershaw

Team(s): Los Angeles Dodgers

Position(s): Starting Pitcher

Estimated Total Career Earnings (according to Spotrac): $298,676,411

Description: A Dodgers legend and one of the best left-handed pitchers of all time.

  • 8. Mike Trout

Team(s): Los Angeles Angels

Position(s): Outfield

Estimated Total Career Earnings (according to Spotrac): $267,740,125

Description: A three-time MVP and a generational talent in baseball.

  • 9. Derek Jeter

Team(s): New York Yankees

Position(s): Shortstop

Estimated Total Career Earnings (according to Spotrac): $266,315,981

Description: A five-time World Series champion and iconic Yankees captain.

  • 10. CC Sabathia

Team(s): Cleveland Guardians, Milwaukee Brewers, New York Yankees

Position(s): Starting Pitcher

Estimated Total Career Earnings (according to Spotrac): $264,800,000

Description: A workhorse pitcher who helped lead the Yankees to a 2009 World Series title.

Key negotiations & game-changing contracts

Some of the most significant MLB contracts not only changed a player's fortune but also reshaped the entire salary structure of baseball. Here are a few landmark deals that set new standards:

  • Alex Rodriguez's $252M & $275M deals (2000 & 2007): A-Rod's record-setting contract with the Texas Rangers in 2000 was the first to cross the $250M mark. He surpassed this mark in 2007 when he opted out of the original 10-year contract to re-sign with the Yankees for another 10 years at $275M, helping solidify his path to becoming the highest-paid player in MLB history.

  • Shohei Ohtani's $700M contract (2023): The highest total contract value in sports history at the time, structured uniquely with deferred payments to help the Dodgers' payroll flexibility.

  • Bobby Bonilla's infamous deferred contract: In 2000, the Mets agreed to pay Bonilla $1.19M annually until 2035 instead of a lump sum, demonstrating how creative financial structuring can benefit both teams and players.

  • Bryce Harper & Manny Machado's 2019 free agency: Both players signed decade-long contracts, prioritizing length over annual value, showing a shift in negotiation tactics and contract priorities.

The evolution of MLB free agency & salary growth

MLB's free agency system, introduced in 1976 after the reserve clause was abolished, has driven salary inflation. Some key moments in its history include:

  • Curt Flood's legal challenge (1970): Paved the way for free agency by challenging the reserve clause, which had tied players indefinitely to one team.

  • The first major free agent signings (1976): Players like Reggie Jackson took advantage of the new system, leading to higher salaries across the league.

  • The rise of super-agent Scott Boras: Known for securing record-breaking contracts, Boras has influenced how teams and players approach negotiations.

  • Luxury tax implementation (1997): Introduced to curb excessive spending, the tax threshold has since become a key factor in how contracts are structured.

How MLB contracts have changed over time

Contracts in baseball have transformed in multiple ways:

  • Length & security: Earlier contracts were shorter, but modern deals often exceed 10 years, prioritizing long-term stability.

  • Incentives & performance bonuses: Modern deals include MVP bonuses, opt-outs, and player/team options to provide flexibility.

  • Deferred payments: Teams now spread payments over decades to manage payroll constraints and reduce luxury tax penalties (e.g., Ohtani, Bonilla, Max Scherzer's deferred Mets salary).

  • Opt-out clauses: Players like Nolan Arenado and Manny Machado have leveraged options to opt out of their contracts and renegotiate for better terms.

How MLB salaries compare to other leagues

MLB contracts differ from those in the NFL and NBA due to structure, guarantees, and revenue distribution:

League

Salary Cap?

Contract Guarantees

Largest Contracts By Total Value

MLB

No salary cap, luxury tax

Fully guaranteed

15 years, $765M

NFL

Hard salary cap

Partially guaranteed

10 years, $450M 

NBA

Soft salary cap, max contract limits

Fully guaranteed

5 years, $314M

  • MLB lacks a salary cap: Unlike the NFL and NBA, MLB only enforces a luxury tax, allowing teams like the Dodgers and Yankees to outspend teams in smaller markets.

  • NFL contracts are often non-guaranteed: Teams can cut players without fully paying out contracts, depending on how the agreement is structured, unlike MLB and NBA deals.

  • NBA's max contracts limit individual pay: While basketball stars earn high salaries, they are subject to contract length and amount limitations, preventing teams from making deals like Ohtani's $700M contract or Soto's $765M contract.

Final thoughts

MLB salaries continue to skyrocket, with top players securing unprecedented deals. Expect contracts to grow as the sport evolves, especially for versatile and marketable stars.

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This blog post is provided "as is" and should not be relied upon as a substitute for professional advice. Some content in this post may have been created using artificial intelligence; however, every blog post is reviewed by at least two human editors.

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