Baseball’s average salary rose 4.6 percent last year to a record $2.82 million, and the New York Yankees set a high for teams at $7.47 million. Final figures released Thursday by the Major League Baseball Players Association showed the rate of increase in the major leagues was nearly half the 9 percent rise in 2006.
Posted: January 17th, 2008.
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Baseball salary average up 9 percent to nearly $2.7 million (AP)
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