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MLB’s Average Salary Tops $5 Million for First Time, AP Study Shows

William Attardi on April 3, 2025

The New York Mets, with Juan Soto’s record $61.9 million pay, led MLB for the third straight opening day with a $322.6 million payroll (down from their record high of $355.4 million in 2023), just ahead of the World Series champion Los Angeles Dodgers at $319.5 million. Those two teams each spent roughly five times as much as the Miami Marlins, who at $64.9 million ended the Athletics’ three-year streak as the lowest spender. Los Angeles’ payroll figure was held down by deferred payments. Shohei Ohtani’s $70 million salary was discounted to a present-day value of $28.2 million because it won’t be paid in full until 2035

Highest salaries per year in MLB for the 2025 season

Juan Soto (NYM)            $61,875,000

Zack Wheeler (Phi)         $42,000,000

Jacob deGrom (Tex)       $40,000,000

Aaron Judge (NYY)        $40,000,000

Anthony Rendon (LAA) $38,571,428

Carlos Correa (Min)       $37,333,333

Mike Trout (LAA)           $37,116,666

Gerrit Cole (NYY)          $36,000,000

Jose Altuve (Hou)            $33,000,000

Corey Seager (Tex)         $32,500,000

Source: MLB MLB’s average salary tops $5 million for first time, AP study shows | AP News

MLB Starts in Japan Tomorrow

William Attardi on March 17, 2025

Yes, do you believe it, the Dodgers and Cubs are kicking off the MLB regular season with a two-game series in Japan, starting Tuesday, March 18.  Of course, the remaining 28 MLB teams will not be participating. A week after the games in Japan, MLB Opening Day is slated for Thursday, March 27, 2025.  Here is something you may not know.  The American League is ahead 64-48 in the World Series that began in 1903. The American League has won the Fall Classic 16 more times than the National League, thanks to a team in the AL who has won the most titles.  They won 27 times.  The New York Yankees.  Whooooooooah!

 

What Are Stablecoins and How Do They Work?

Stablecoins are less volatile than other cryptocurrencies (like Bitcoin) and due to crypto assets’ inherent instability, stablecoins are growing in popularity with both crypto and traditional markets. Stablecoins are a type of crypto asset, but one that offers a way to bridge the gap between fiat currencies like the U.S. dollar and cryptocurrencies. Because they are price-stable digital assets that behave like fiat but maintain the mobility and utility of cryptocurrency, stablecoins are a novel solution to crypto volatility: price stability is built directly into the assets themselves.  There are four primary stablecoin types, identifiable by their underlying collateral structure: fiat-backed, crypto-backed, commodity-backed, and algorithmic stablecoins.  What Are Stablecoins and How Do They Work? | Gemini