Who is the highest paid MLB player? Contracts in Major League Baseball, like every other professional sport, are rapidly increasing. A title that once belonged to Gerrit Cole is now owned by New York Mets ace Max Scherzer.
While pitchers don’t play everyday day, they are incredibly valuable. Pitching is crucial for success in October and when teams have a shot at an ace who can win multiple games in a World Series, they’re willing to pay whatever it takes to land them.
Keep in mind, many of these clubs aren’t hurting for money. MLB revenue rose in 2021, continuing a trend of record numbers outside of the COVID-impacted 2020 season. With some franchise values higher than ever thanks to a new MLB CBA and new sources of revenue, there is plenty of money for teams to spend.
Let’s examine the highest paid MLB players entering the 2022 season. Numbers via Spotrac.
Highest paid MLB player: Max Scherzer, pitcher, New York Mets
- Max Scherzer contract: 3 years, $130 million
- Max Scherzer salary: $43.33 million
- Max Scherzer career earnings: $183 million
New York Mets owner Steve Cohen wanted to make a splash in free agency and he did. By signing Max Scherzer to a three-year deal worth $130 million, Scherzer became the highest paid player in MLB history. He is also the first player with an average annual contract value of $40-plus million. A three-time Cy Young Award winner, the 37-year-old’s contract includes a full no-trade clause and includes a player opt-out after 2023. He’ll receive a $100,000 bonus each year he is named to the All-Star Game.