Yankees set all-time record with $230.4M payrollBy
Via the AP: The Yankees opened the season with a $230.4M payroll, breaking their previous record for the highest payroll in baseball history. “We’re the Yankees. We’ve had a lot of success doing business the way that we do it … Why would you change?” said Mark Teixeira, apparently unaware of his bosses’ future plans.
The Dodgers, who opened the season with a $214.8M payroll, were expected to pass the Yankees and claim the highest payroll in baseball this season. Late Spring Training additions like Lyle Overbay and (especially) Vernon Wells pushed New York back on top. The Yankees have something like $91M in players on the DL right now, so that $230.4M payroll isn’t reflected in the quality of the roster. You knew that already. At $27.3M, the Astros started the year with baseball’s smallest payroll.