Mlb payrolls
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The document compares the payroll growth rates of MLB teams since 2001, finding that only the Red Sox and Yankees had larger sustained increases than the Angels led by owner Arte Moreno from 2002-2012, with estimated growth rates of 4% for the Red Sox, 5% for the Yankees, and 10% for the Angels. It also notes that every World Series team since 2001 increased payroll by at least 13% year-over-year, and in 6 of the last 12 seasons a World Series team increased payroll by 35% or more over two years.
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Mlb payrolls
- 1. Only two other teams have had larger sustained increases in payroll than the Angels since Moreno purchased the team 2002-2012 Estimated Growth Rates for Select Teams Source: USA Today Salaries Database for historical data 4% Red Sox 5% Yankees 10% Angels 11% Phillies 2002-2012 Est. Team
- 2. Opening Day Payrolls Since 2001: Angels & Yankees Yankees Angels 11.6% 5.3% Source: USA Today Salaries Database for historical data CAGR
- 3. Opening Day Payrolls Since 2001: Phillies & Red Sox Red Sox Phillies 13.6% 3.8% Source: USA Today Salaries Database for historical data CAGR
- 4. Every season since 2001 at least one team in the World Series increased their payroll over the prior year by 13% or more Source: USA Today Salaries Database for historical data
- 5. In 6 of the last 12 seasons at least one team in the World Series increased their payroll over 2 years by 35% or more Source: USA Today Salaries Database for historical data