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The New York Yankees had the highest payroll in 2007 of $218.3 million, while the World Series champion Boston Red Sox was a distant second at $155.4 million. Not only having the highest payroll, the Yankees had the highest revenue in the majors of $415 million last year. By looking at the other end of the payroll column, one can link the payroll of the team to its success in the league...
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For example, the Tampa Bay Devil Rays had the lowest payroll in the majors last season of $31.8 million and have had the worst record. In the end, teams spent a record $2.71 billion on players last year and the thirty clubs generated $6.075 billion in total revenue. Not bad, to get paid millions of dollars a year to hit a ball and to stand in the outfield to make a catch...
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