+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

The Los Angeles Dodgers were the biggest spenders in free agency

Feb 23, 2017, 23:20 IST

Major League Baseball teams have committed just under $1.5 billion to free agents this winter, led by the Los Angeles Dodgers, who topped the list with the most money given out in free-agent contracts.

Advertisement

In all, teams spent $1.47 billion on free agents, according to data obtained from MLB Trade Rumors, with the average free agent signing a contract worth $13.7 million over 1.6 seasons. The total spent is actually way down from a year ago when teams spent $2.53 billion on free agents.

The Dodgers committed $199.6 million to free agents, the only team to top $140 million. Last winter, six teams signed free agents to contracts totaling more than $200 million. At the other end of the spectrum, six teams spent less than $10 million on free agents, including the Detroit Tigers, who signed just one free agent to to a guaranteed Major League contract worth $2 million.

Cork Gaines/Business Insider

NOW WATCH: How billionaire Michael Jordan makes and spends his money

Please enable Javascript to watch this video
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article