The sport’s newest nine-figure contract signee, Mookie Betts, just missed the cut for this year’s list at $12.5 million, which includes $2.5 million from memorabilia—including trading cards—and from sponsors like Nike’s Jordan Brand, Axe Bat, BodyArmor and Wilson. Covid-19 cost the five top earners a combined $108 million as the shutdown cuts the league’s paydays by more than 50%. We don’t count deferred money, which eliminates a pair of high-priced Washington Nationals pitchers. Baseball is increasingly a local game, and brands are hesitant to commit significant marketing dollars toward a player with limited appeal outside his home market. The 11-time All-Star was limited to 38 games last year, but he ranks second among active players, behind Albert Pujols, for career home runs and runs batted in. Justin Verlander prepares to throw a pitch in the first inning against the Tampa Bay Rays during ... [+] Opening Day at Tropicana Field. Trout is the highest-paid player in baseball in 2019 with $39 million, including $3 million off the field from endorsements and memorabilia. Mike Trout is baseball's highest-paid player for the second straight year. There are a pair of Price-branded IMAC centers in Tennessee, and the pitcher has an equity stake in the firm. His endorsement partners are Rawlings, Marucci and Adidas. The righty’s 326 strikeouts last year were the most in baseball since Randy Johnson had 334 in 2002. Pujols also has a golden parachute in the form of a 10-year, $10 million personal services agreement with the Angels after his playing contract ends. Mark Goldman-Icon Sportswire via Getty Images. Thus, the average player salary for them is 198 million won. Baseball's ten highest-paid players will earn $152 million in 2020 from salary and endorsements if the 60-game season is completed, down from $315 million last year. When he came back to play for the Giants, he was given a 4 year contract for 15 billion won. (Photo by Julio Aguilar/Getty Images). Teams are more reluctant to hand out long-term deals to free agents. NBA sneaker deals can top $10 million a year, or even $20 million in the cases of LeBron James and Kevin Durant. Harper is the rare MLB player making significant money from endorsements. This is because this year, the report shows that they have a 55.2% salary increase. (Photo by Jayne ... [+] Kamin-Oncea/Getty Images). Max Scherzer’s salary and bonus total is $50 million for 2019, but $35 million is deferred toward a payment schedule that starts in 2022. (Photo by Drew Hallowell/Getty Images). The Korea Baseball Organization (KBO) said players from the league's 10 clubs will make 239.8 million won (US$209,345) on average, up from the previous record of 216.2 million won from last season. None of the three were expected to play at all in 2020 because of injury or poor performance, but players released by their teams with guaranteed contracts are owed 100% of the money, even in a pandemic. (Photo by Elsa/Getty Images), Impact 50: Investors Seeking Profit — And Pushing For Change, lags the total payout for Floyd Mayweather, according to figures from MLB’s players’ union. Cabrera turns 36 years old this month but is under contract through 2023, with Detroit holding club options for 2024 and 2025 worth $30 million each (there is an $8 million buyout on the 2024 option). Bryce Harper rounds the bases to score a run on a grand slam home run by Rhys Hoskins on Opening ... [+] Day. The biggest deal was reserved for baseball’s best player. On top of the list was first baseman Lee Dae-ho with an annual salary of $2.2 million. Betts gets a $65 million signing bonus paid over 15 years starting in 2021. The bank accounts for MLB players are also getting hit off the field. Kershaw is the rare MLB player who signed a new national endorsement deal during the pandemic, as the new face of Hankook tires. On Monday, the Korea Baseball Organization (KBO) sent out a report with the league’s salary data for 2019. Can Ulsan Hyundai Keep Their First Place Ranking? Baseball’s free-agency action unfolded at a glacial pace this winter. Betts signed a 12-year, $365 million contract extension with the Los Angeles Dodgers last month, the sport’s second-largest deal after Trout’s 12-year, $426.5 million agreement. Scherzer has been worth every penny of the seven-year, $210 million contract he signed ahead of the 2015 season with the Nationals, with two Cy Young Awards and a World Series title. They already lag their peers in football, basketball and soccer in terms of endorsement agreements. Strasburg had the right to opt out of the final four years of his contract with the Nationals, which he did in November. This is a 0.3% increase over the last season. The track record on nine-figure deals for free agents is terrible, but it didn’t stop Bryce Harper from signing a blockbuster 13-year, $330 million deal with the Philadelphia Phillies. This scenario puts Washington Nationals pitcher Stephen Strasburg in the No. Arenado’s eight-year, $260 million deal, signed in 2019, is the rare MLB contract with a full no-trade clause and an opt-out option. Baseball players have few days off during a long season that runs from February to the end of September (or October for a playoff run). Price’s off-the-field earnings jumped last year when IMAC Holdings, the parent company of IMAC Regeneration Centers, went public. I also started our biennial B-School rankings; annual features on the Best Places for Business (metros, states and countries); and America's Best Banks.

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