MLB Financials by Year

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1994 Baseball Payrolls

This is a team-by-team payroll listings for the 1994 season. The league per-player average was $1,198,575 and the average team payroll was $32,824,044. You can also view figures for 1993 or 1995 and individual player salaries here. Other financial information is available for many seasons using the tool on the right.

1994 PAYROLLS 1994 PAYROLLS 1993/1995 RANK TEAM AVERAGE TOTAL 1 New York Yankees  $1,827,539   $47,512,342  2 Atlanta Braves  $1,738,356   $44,100,972  3 Toronto Blue Jays  $1,639,609   $42,265,168  4 San Francisco Giants  $1,379,909   $42,260,538  5 Cincinnati Reds  $1,400,358   $41,458,042  6 Detroit Tigers  $1,535,868   $41,118,509  7 Kansas City Royals  $1,636,224   $40,667,375  8 Chicago White Sox  $1,295,438   $40,144,836  9 Los Angeles Dodgers  $1,399,751   $38,837,526  10 Baltimore Orioles  $1,611,376   $38,711,487  11 Boston Red Sox  $1,257,344   $36,337,937  12 Oakland Athletics  $1,140,354   $34,574,000  13 Houston Astros  $1,236,399   $33,092,500  14 Chicago Cubs  $987,356   $32,546,333  15 Texas Rangers  $1,182,956   $32,399,097  16 Cleveland Indians  $1,266,957   $31,705,667  17 Philadelphia Phillies  $1,131,412   $31,143,000  18 New York Mets  $1,193,288   $30,903,583  19 St. Louis Cardinals  $1,006,476   $29,622,052  20 Seattle Mariners  $1,012,259   $28,463,110  21 Minnesota Twins  $1,091,937   $25,053,237  22 Milwaukee Brewers  $781,250   $24,786,857  23 California Angels  $784,801   $24,528,385  24 Colorado Rockies  $865,835   $23,654,508  25 Pittsburgh Pirates  $727,043   $21,503,250  26 Florida Marlins  $661,922   $19,524,361  27 Montreal Expos  $750,840   $18,771,000  28 San Diego Padres  $477,017   $13,774,268

Sources: Associated Press December 22, 1998/Baseball Weekly November 22, 1995.

Baseball Economics sources/bibliography:
Business of Baseball, The by Albert Powers
Baseball, Inc.: The National Pastime As Big Business by Frank P. Jozsa Jr.
Baseball and Billions: A Probing Look Inside the Big Business of Our National Pastime by Andrew Zimbalist
Built to Win: Inside Stories and Leadership Strategies from Baseball's Winningest GM by John Schuerholz
Free Agency and Competitive Balance in Baseball by Ronald W. Cox
The Formation, Sometimes Absorption and Mostly Inevitable Demise of 18 Professional Baseball Organizations, 1871 to Present by David Pietrusza.
Getting in the Game: Inside Baseball's Winter Meetings by Josh Lewin
State of Baseball Management: Decision-Making in the Best and Worst Teams, 1993-2003 by Scott Barzilla
In the Best Interests of Baseball? The Revolutionary Reign of Bud Selig by Andrew Zimbalist
May the Best Team Win: Baseball Economics and Public Policy, by Andrew Zimbalist
The Inside Pitch ... and More: Baseball's Business and the Public Trust by Gene A. Budig
Early Innings: A Documentary History of Baseball, 1825-1908 by Dean A. Sullivan.
Middle Innings: A Documentary History of Baseball, 1900-1948 by Dean A. Sullivan.
Late Innings: A Documentary History of Baseball 1945-1972 by Dean A. Sullivan
Total Baseball: The Ultimate Baseball Encyclopedia by John Thorn, et al.