Agent Scott Boras, known for representing some of the biggest names in MLB, has shared his thoughts on team spending in the league. Despite helping Juan Soto secure a massive 15-year, $765 million contract this offseason and seeing other stars like Pete Alonso and Alex Bregman sign new deals, he notes that many teams are not investing much in their rosters. In fact, he pointed out that a surprising number of teams spend less than 50% of their revenue on player salaries.
“You would think many teams would spend at least 50% of their revenue,” Boras remarked during an interview. “But the reality is quite different. For example, the Yankees now spend about 40%, down from 55%. Some teams are even spending below $100 million. Surprisingly, last year, six teams fell under that mark, despite receiving more in revenue from the general fund.”
Boras’s insights come at a time when spending in MLB is a hot topic. The Los Angeles Dodgers have been particularly aggressive in free agency, creating a narrative that many teams can’t keep pace with their spending habits. However, Boras suggests that several teams are not fully leveraging their resources to enhance their squads.
Boras also praised the Boston Red Sox for shifting away from their previous low-spending approach. They made a notable move by signing Bregman to a three-year, $120 million deal. “It’s clear they wanted to change their strategy,” he said. “After years of underinvestment, they are looking to make their team competitive again.”
Overall, Boras emphasizes the need for a commitment to invest in talent for the sake of competitive balance in the league. As spending practices continue to evolve, the question remains: will teams step up their investment in players to ensure a more competitive landscape in MLB?