Yankees set record payroll at $230M
The New York Yankees set a record for baseball’s highest opening-day payroll at $230.4 million, almost 10 times what the Houston Astros are paying their players.
After all the talk of spending restraint during the offseason, the Yankees began the season Monday well ahead of the Los Angeles Dodgers. The Dodgers are at $214.8 million and only the second franchise to break the $200 million barrier, according to a study of big league contracts by The Associated Press.
Houston was last at $27.3 million, down from about $61 million opening day last year and less than the major league-leading $29 million for the Yankees’ Alex Rodriguez. Houston’s payroll is the lowest since the 2008 Florida Marlins were at $22 million.