Average MLB salary down for first time since 2004

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The average major league salary dropped this year for the first time since 2004 and for only the fourth time since record-keeping started 50 years ago, according to the players’ association.

The union said Friday its final average was $4,095,686, down $1,436 from $4,097,122 last year.

Since the union started keeping track in 1967, the only previous declines had been by $66 in 1987, when owners were found to have conspired to hold down salaries among free agents; a 4 percent decline in 1995 following a 7+ -month strike that wiped out the World Series for the first time since 1904; and by 2.5 percent in 2004.

This year’s survey was based on the 968 players on major league rosters and disabled lists on Aug. 31, the last day before the active player limit expanded from 25 to 40.

After years of strong growth, salaries have stagnated over the last three years. This year’s average is up just 3.6 percent from $3,952,252 in 2015.

An unusually slow free-agent market last offseason contributed to this year’s drop. Among the 166 players who exercised the right to become free agents after the World Series, exactly half of the 140 agreements reached were completed after the start of spring training workouts Feb. 14. Many of those deals involving veterans were for depressed prices.

Two years ago, the union calculated the average at $3,966,020, a 0.35 percent rise from the previous year’s $3,952,252 that was the lowest rate of increase since a 2.5 percent drop in 2004. Major League Baseball calculated that year’s average at $3,825,967, down from $3,835,498 in 2015.

The union includes a pro-rated share of option buyouts that may be earned if the option is declined, while MLB does not take those into account in its average.

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Report: Red Sox sign Kenley Jansen to 2-year, $32 million deal

Dale Zanine-USA TODAY Sports
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SAN DIEGO — Veteran closer Kenley Jansen and the Boston Red Sox have agreed to a two-year, $32 million deal, a person familiar with the deal told The Associated Press.

The person spoke to the AP on condition of anonymity because the agreement was pending a physical.

The 35-year-old Jansen went 5-2 with a 3.38 ERA in 64 innings for Atlanta this year. The three-time All-Star led the National League with 41 saves, helping the Braves win the NL East title.

Boston is looking to bounce back after it finished last in the AL East this season with a 78-84 record. The Red Sox went 92-70 in 2021 and lost to Houston in the AL Championship Series.

Jansen spent his first 12 seasons with the Los Angeles Dodgers, winning a World Series title in 2020. The right-hander signed a $16 million, one-year contract with Atlanta in March.

Jansen has a 2.46 career ERA. He was an All-Star in 2016-2018.

His 391 career saves are the second-most among active players (behind Craig Kimbrel‘s 394) and eighth all time.