From SABR member Jayson Stark at ESPN.com on April 17, 2015:
Remember when $100 million used to be a lot of money?
As in: Steinbrenner money, Fenway money, Chavez Ravine money — and that was about it?
Well, wave au revoir to those days. You know what they call a $100 million payroll in baseball in 2015? A bargain.
If you look closely at the Opening Day payrolls of all 30 teams, you’ll notice something amazing. You know how many franchises started this season with payrolls of $100 million or more, according to the annual estimates by The Associated Press?
How about 22. Yep, you read that right: 22.
As recently as a decade ago, in 2005, that number was three. As recently as three years ago, in 2012, that number was still only nine.
Read the full article here: http://espn.go.com/mlb/story/_/id/12697672/the-impact-mlb-soaring-payrolls
Originally published: April 17, 2015. Last Updated: April 17, 2015.