Restructuring MLB Payrolls from 2025
Posted: 15 Feb 2026 06:19 am
*A more refined version of a thought I started yesterday.*
Per Cot's, MLB players in total were paid $5.28 billion in salary in 2025. If pay and production were more closely linked than they are in the current system, what might team payrolls have looked like, and what might that tell us about what a starting point could be for a salary cap/salary floor system?
First, assume every team sets aside $20 million (~$770,000 per roster spot) to pay the ML minimum to each player. That leaves $4.68 billion.
Next, there were 1000 fWAR across MLB in 2025. However, negative fWAR players are all going to get the ML minimum, so we really need to determine how many positive fWAR there were in 2025. There were 1157.6 positive fWAR (and, therefore, 157.6 negative fWAR to balance out to a total of 1000 fWAR).
So that would imply that positive fWAR players should get ~$4.04 million per positive fWAR they produce ($4.68 billion / 1157.6 = $4.04 million per positive fWAR), on top of their ML minimum.
To figure what, arguably, each team's payroll "should have been" in 2025:
Team payroll = $20 million + (positive team fWAR * $4.04 million)
Phillies - 54.4 positive fWAR - $240 million
Dodgers - 53.7 - $237 million
Yankees - 53.6 - $237 million
Brewers - 50.0 - $222 million
Blue Jays - 49.0 - $218 million
Cubs - 48.9 - $218 million
Red Sox - 48.8 - $217 million
Mets - 48.2 - $215 million
Mariners - 45.4 - $203 million
Padres - 43.0 - $194 million
Astros - 42.4 - $191 million
Diamondbacks - 41.5 - $188 million
Tigers - 41.2 - $186 million
Royals - 39.3 - $179 million
Twins - 38.8 - $177 million
Rangers - 38.5 - $176 million
Braves - 37.8 - $173 million
Reds - 37.5 - $172 million
Giants - 36.4 - $167 million
Athletics - 35.1 - $162 million
Rays - 34.7 - $160 million
Cardinals - 34.3 - $159 million
Guardians - 34.0 - $157 million
Orioles - 32.1 - $150 million
Marlins - 30.8 - $144 million
Pirates - 30.7 - $144 million
White Sox - 26.4 - $127 million
Nationals - 24.1 - $117 million
Angels - 23.8 - $116 million
Rockies - 16.0 - $85 million
So the story this tells me is that, if you had enough revenue sharing among owners to make it work, having a payroll ceiling of $250 million and a floor of $125 million would just about align with what each team should be paying its players given their production.
But more realistically, since some of the teams that should be more toward the middle (Royals, Twins, Reds, Athletics, Rays, etc.) would probably still push to be closer to the floor, you might need to bump the ceiling to $260 or $270 million and the floor to $130 or $135 million to allow for some more polarization by the biggest and smallest market teams while still holding on to that $5.28 billion going to the players.
Per Cot's, MLB players in total were paid $5.28 billion in salary in 2025. If pay and production were more closely linked than they are in the current system, what might team payrolls have looked like, and what might that tell us about what a starting point could be for a salary cap/salary floor system?
First, assume every team sets aside $20 million (~$770,000 per roster spot) to pay the ML minimum to each player. That leaves $4.68 billion.
Next, there were 1000 fWAR across MLB in 2025. However, negative fWAR players are all going to get the ML minimum, so we really need to determine how many positive fWAR there were in 2025. There were 1157.6 positive fWAR (and, therefore, 157.6 negative fWAR to balance out to a total of 1000 fWAR).
So that would imply that positive fWAR players should get ~$4.04 million per positive fWAR they produce ($4.68 billion / 1157.6 = $4.04 million per positive fWAR), on top of their ML minimum.
To figure what, arguably, each team's payroll "should have been" in 2025:
Team payroll = $20 million + (positive team fWAR * $4.04 million)
Phillies - 54.4 positive fWAR - $240 million
Dodgers - 53.7 - $237 million
Yankees - 53.6 - $237 million
Brewers - 50.0 - $222 million
Blue Jays - 49.0 - $218 million
Cubs - 48.9 - $218 million
Red Sox - 48.8 - $217 million
Mets - 48.2 - $215 million
Mariners - 45.4 - $203 million
Padres - 43.0 - $194 million
Astros - 42.4 - $191 million
Diamondbacks - 41.5 - $188 million
Tigers - 41.2 - $186 million
Royals - 39.3 - $179 million
Twins - 38.8 - $177 million
Rangers - 38.5 - $176 million
Braves - 37.8 - $173 million
Reds - 37.5 - $172 million
Giants - 36.4 - $167 million
Athletics - 35.1 - $162 million
Rays - 34.7 - $160 million
Cardinals - 34.3 - $159 million
Guardians - 34.0 - $157 million
Orioles - 32.1 - $150 million
Marlins - 30.8 - $144 million
Pirates - 30.7 - $144 million
White Sox - 26.4 - $127 million
Nationals - 24.1 - $117 million
Angels - 23.8 - $116 million
Rockies - 16.0 - $85 million
So the story this tells me is that, if you had enough revenue sharing among owners to make it work, having a payroll ceiling of $250 million and a floor of $125 million would just about align with what each team should be paying its players given their production.
But more realistically, since some of the teams that should be more toward the middle (Royals, Twins, Reds, Athletics, Rays, etc.) would probably still push to be closer to the floor, you might need to bump the ceiling to $260 or $270 million and the floor to $130 or $135 million to allow for some more polarization by the biggest and smallest market teams while still holding on to that $5.28 billion going to the players.