In 2015, the New York Mets squared off against the Kansas City Royals in the World Series.
For 2016, both teams are spending more money, however, if history is any indicator, this doesn't necessarily mean more wins.
For example, the Boston Red Sox spent $178,513,094 in 2015, which was the third highest payroll in the league. This did not result in on-field success, with the team posting a 78-84 record, good for last place in the American League East.
Conversely, the Houston Astros had a payroll of $63,300,000, which was only higher than the Miami Marlins. The team did not spend a lot of money, but they bought enough talent to reach the American League Division Series.
These are the 2016 payroll numbers for every team in the MLB, as well as a breakdown of key players and other data to track throughout the season.
Below is the estimated total 2016 payroll for every MLB team (courtesy of Spotrac):
Los Angeles Dodgers: $248,321,662
New York Yankees: $221,574,999
Boston Red Sox: $198,328,678
Detroit Tigers: $192,307,500
San Francisco Giants: $166,744,443
Chicago Cubs: $163,805,667
Los Angeles Angels: $160,986,190
Texas Rangers: $158,680,220
St. Louis Cardinals: $143,514,000
Washington Nationals: $142,501,785
Baltimore Orioles: $141,741,213
Seattle Mariners: $139,804,258
Kansas City Royals: $136,564,175
Toronto Blue Jays: $131,905,327
New York Mets: $128,413,458
Chicago White Sox: $113,911,667
Colorado Rockies: $103,603,571
Minnesota Twins: $99,812,500
Pittsburgh Pirates: $95,840,999
San Diego Padres: $94,120,000
Cleveland Indians: $92,652,499
Arizona Diamondbacks: $91,995,583
Philadelphia Phillies: $91,616,668
Houston Astros: $89,062,500
Cincinnati Reds: $80,905,951
Oakland Athletics: $80,613,332
Atlanta Braves: $77,073,541
Miami Marlins: $64,020,000
Tampa Bay Rays: $60,065,366
Milwaukee Brewers: $51,200,000
When compared to 2015, you will notice some key changes:
The Los Angeles Dodgers again have the highest payroll in the league, however, it is approximately $25 million less than 2015.
The Chicago Cubs took a big leap forward, from a payroll of $114,629,523 in 2015 (15th place) to $163,805,667 in 2016 (6th place).
The Milwaukee Brewers' payroll declined from $98,037,500 (20th place) last year to $51,200,000 (30th place) in 2016.
The San Francisco Giants are spending the most money on pitchers in 2016: $94,066,666 of its $166,744,443 payroll. In 2015, the Dodgers spent the most money on pitchers: $90,950,264.
Highest Paid Players 2016
For 2016, the average MLB salary has reached $4.4 million. While some players are at the bottom end of the scale, earning the league minimum of $507,500, others are well beyond this.
Here is a list of the highest paid MLB players of 2016 (courtesy of Spotrac):