In May, the Cubs announced they signed Anthony Rizzo to a seven-year, $41M extension (2013-2019), plus club options for 2020-2021. The deal also includes several incentives which could bring to the total value of the extension to $73M.Below is a breakdown of the extension by year. 2013: $0.75M 2014: $1.25M 2015: $5M 2016: $7M 2017:…
Tag Archives | Sports Contracts
Should Major League Baseball Players Get Paid This Much Money?
In 2010 the average salary in Major League Baseball surpassed $3 million for the first time. The 912 players in the big leagues before rosters expanded in September of 2010 averaged $3,014,572. The average rose 0.6 percent from the previous year’s $2,996,106, the smallest increase since a 2.5 percent drop in 2004. The union’s Opening Day average…