Mar 31, 2024

Question of the Day: Which 5 MLB baseball teams have the highest team payroll?

It is the first full week of MLB baseball! How do you think spending will affect team success this season?


  1. New York Mets: $302 million
  2. New York Yankees: $294 million
  3. Houston Astros: $237 million
  4. Philadelphia Phillies: $236 million
  5. Atlanta Braves: $225 million


  1. What factors do you think affect the amount of money a team can spend on its players?
  2. How might the payroll of a team affect its success in Major League Baseball? Look up past World Series winners to see if there is any correlation.
  3. What positions/types of players do you think deserve to take home the largest salaries from the payroll? Why?
  4. Think about how might you impact the payroll of MLB teams:
    • Do you or your friends spend money to support your favorite team?
    • What types of things can you/do you purchase?
    • Do you/your family pay to watch your favorite team on TV or at the ballpark?

Click here for the ready-to-go slides for this Question of the Day that you can use in your classroom.


Behind the numbers (BetMGM):

"Baseball is an expensive business, and there often seems to be no end to the amount of money big-market owners will shell out to see top players on their teams.

As mega-contracts become more common across the league and payroll sizes continue to grow, some teams see the annual luxury tax threshold as more of a mere inconvenience than any real deterrent to spending.

As of March 2024, the average total payroll across all MLB teams in 2024 is $153,678,550."



Want to see your team on the list? View the 2024 payroll of all 32 MLB teams.


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About the Author

Mason Butts

After graduating from UCLA with a Master's in Education, Mason spent 5 years as a science educator in a South Los Angeles public high school. He is committed to supporting the holistic growth of all students and empowering them to live a life of relational, academic, and financial success. Now settled in the Bay Area, Mason enjoys facilitating professional developments and partnering with educators as they prepare students for a bright financial future. When Mason is not building curriculum or planning a training, he can be found cycling, trying new foods, and exploring the outdoors.

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