Minimum Salary

From BR Bullpen

The lowest salary a player can be paid for a full season, as defined by the collective bargaining agreement. In the 2002 collective bargaining agreement, the minimum MLB salary was raised by 50% to $300,000. This figure is 2913% higher than a full-time salary based on the U.S. federal minimum wage, but still a pittance compared to the average MLB salary, which was $2.3 million in 2004.

Current information can be found at MLB Players Association FAQ

  Year        Minimum Salary        Average Salary
  1970          $12,000                 $29,303
  1975          $16,000                 $44,676
  1980          $30,000                 $143,756
  1985          $60,000                 $371,571
  1990          $100,000                $578,930
  1995          $109,000                $1,071,029
  2000          $200,000                $1,998,034
  2002          $300,000
  2005          $316,000                $2,632,655
  2006          $380,000                $2,699,292
  2008          $390,000