Baseball is one of the most popular sports in the United States and around the world. Each year, hundreds of teams compete in the Major League Baseball (MLB) and millions of fans follow their favorite teams and players. As with any profession, there are a select few individuals who make more money than the others. This is also true for the managers of these teams, as some of them can make an annual salary that is much greater than the rest. In this article, we will be looking at who the highest paid manager in baseball is.
Overview of Baseball Manager Salaries
The salary of a baseball manager can vary greatly depending on the team they are managing and the amount of success they have achieved. Generally speaking, the higher the level of baseball a team is playing in, the higher the salary of the manager. For example, Major League managers make significantly more than those who manage minor league teams.
In addition to the team they are managing, the success of the team also plays a large role in how much a manager is paid. Teams that have had more success in the past tend to pay their managers more than those that have not had as much success.
The Average Salary of a Baseball Manager
The average salary of a baseball manager is around $1.5 million per year. This number can vary greatly depending on the team and the success of the team. Some managers, such as the Los Angeles Dodgers’ Dave Roberts, can make over $4 million a year.
The Highest Paid Managers in Baseball
1. Terry Francona
Terry Francona is the highest paid manager in baseball, earning an annual salary of $4.25 million. Francona is the manager of the Cleveland Indians, and he has been with the team since 2013. During his tenure with the team, Francona has led the Indians to five division titles and two World Series appearances.
2. Joe Maddon
Joe Maddon is the second highest paid manager in baseball, earning an annual salary of $4 million. Maddon is the manager of the Chicago Cubs, and he has been with the team since 2015. Maddon has had a lot of success with the Cubs, leading them to four division titles and a World Series championship in 2016.
3. Bruce Bochy
Bruce Bochy is the third highest paid manager in baseball, earning an annual salary of $3.5 million. Bochy is the manager of the San Francisco Giants, and he has been with the team since 2007. During his tenure with the Giants, Bochy has led the team to three World Series championships.
4. Mike Scioscia
Mike Scioscia is the fourth highest paid manager in baseball, earning an annual salary of $3 million. Scioscia is the manager of the Los Angeles Angels, and he has been with the team since 2000. During his tenure with the Angels, Scioscia has led the team to six division titles and one World Series championship in 2002.
5. Dave Roberts
Dave Roberts is the fifth highest paid manager in baseball, earning an annual salary of $2.5 million. Roberts is the manager of the Los Angeles Dodgers, and he has been with the team since 2016. During his tenure with the Dodgers, Roberts has led the team to four division titles and two World Series appearances.
Factors That Influence Manager Salaries
1. Team Performance
The performance of a team is one of the main factors that can influence a manager’s salary. Managers of more successful teams tend to make more money than those who manage less successful teams.
2. Length of Contract
The length of a manager’s contract also plays a role in how much they are paid. Managers who have longer-term contracts are usually paid more than those with shorter-term contracts.
3. Track Record
The track record of a manager also has an influence on their salary. Managers who have had more success in the past are usually paid more than those who have not had as much success.
4. Experience
The experience a manager has also plays a role in how much they are paid. Managers who have more experience tend to make more money than those who have less experience.
5. Market Size
The size of the market the team is in can also have an influence on a manager’s salary. Managers of teams in larger markets tend to make more money than those in smaller markets.
Conclusion
The salary of a baseball manager can vary greatly depending on the team they are managing and the amount of success they have achieved. Generally speaking, the higher the level of baseball a team is playing in, the higher the salary of the manager. Terry Francona is the highest paid manager in baseball, earning an annual salary of $4.25 million. Joe Maddon, Bruce Bochy, Mike Scioscia, and Dave Roberts are the other top five highest paid managers in baseball, each making an annual salary of over $2 million. The performance of the team, length of the contract, track record, experience, and market size are all factors that can influence a manager’s salary.