MLB payrolls fall by 47 million amid economy pressure
The AP analysis shows 16 of 30 MLB teams reduced payrolls from opening day 2008 to this season start, with a 1.7 percent drop. The New York Yankees cut 7.6 million while San Diego and Chicago White Sox led declines, and 14 clubs raised salaries led by Tampa Bay, Chicago Cubs, Florida, and others.
MENTIONED IN THIS ARTICLE
New York
Associated Press
Bob DuPuy
New York Yankees
Yankees
CC Sabathia
A.J. Burnett
Mark Teixeira
Jason Giambi
Bobby Abreu
Carl Pavano
Mike Mussina
Andy Pettitte
San Diego
Chicago White Sox
Detroit
Seattle
Tampa Bay
Chicago Cubs
Florida
Baseball payrolls show gap narrowing amid market shifts
The report notes MLB payrolls down on average while top clubs invest in talent and move to new ballparks. The Yankees and Mets lead spending at over $135 million, Cubs third, and Phillies at $113 million as mid and small-market teams develop homegrown players. Average salary rose 2.7 percent to $3.24 million with 433 players earning at least $1 million. The article also discusses Tribune Co sale to Tom Ricketts and concerns over a possible collusion grievance.
MENTIONED IN THIS ARTICLE
Philadelphia
Cubs
Jim Hendry
Sam Zell
Tribune Co
Tom Ricketts
TD Ameritrade Holding Corp
Milton Bradley
Bud Selig
DuPuy
Players’ Association
Union
Donald Fehr
Yankees
Mets
Boston
Detroit
Los Angeles Angels
Florida
San Diego
Pittsburgh
Par 3 Contest at Masters proves a can’t miss draw
The Par 3 contest at Augusta draws fans close to golf legends like Greg Norman Trevor Immelman Jack Nicklaus Arnold Palmer and Gary Player. Families join players on the greens with grandchildren caddying and autographs common as spectators enjoy a rare, celebratory atmosphere ahead of the weekend.
MENTIONED IN THIS ARTICLE
Greg Norman
Trevor Immelman
Jack Nicklaus
Arnold Palmer
Gary Player
Nicklaus
Player
South Africa
Chris Evert
Fuzzy Zoeller
Norman
Augusta
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