11 ms·
2013 Top MLB Player salaries = ~$20MM 2013 Average MLB Player salary = $3.4MM [1] 2012 Minimum MLB Player salary = $480k [2] One could argue that the salar
by hkmurakami 14y ago
2013 Top MLB Player salaries = ~$20MM
2013 Average MLB Player salary = $3.4MM [1]
2012 Minimum MLB Player salary = $480k [2]
One could argue that the salary disparity between the top MLB players and the average player salary (40x) is much smaller than that of the average US company CEO and employee (300x+).
Of course, we should probably consider the minor league players:
Minor League AAA Player Salary range: $5k/mo ~ $25k/mo for a 6 month season [3]
-> $30k/yr ~ $150k/yr
(I think signing bonuses and whatnot for top draftees are just outliers)
So if we suppose that a AAA player gets $100k/yr and a top MLB player gets $20MM/year, then the salary disparity is now 200x, approaching the salary disparity of US corporate employees and their CEOs. That's actually quite a striking similarity!
[1] http://www.cbssports.com/mlb/salaries/avgsalaries http://www.cbssports.com/mlb/salaries/avgsalaries
[2] http://www.spotrac.com/terms/mlb/mlb-minimum-salary-69/ http://www.spotrac.com/terms/mlb/mlb-minimum-salary-69/
[3] http://www.quora.com/How-much-does-the-average-AAA-baseball-player-make-in-salary-The-highest-paid-The-lowest http://www.quora.com/How-much-does-the-average-AAA-baseball-...