Major League Baseball is known for one thing on the finance front, and that is the lack of a salary cap. As the result of this, there are many contracts given out that are just flat-out ridiculous. For example, if I made as much in a year as Alex Rodriguez made in a game, I would be set for life.
Due to the lack of a salary cap, many players are greatly overpaid for their efforts. Before you say anything about Yankee bias, every team is guilty of overpaying at least one player on their roster, including the small-market teams.
Who are the most overpaid players in baseball, period? That’s a question for debate. Who are the most overpaid players on each of the 30 MLB teams? That’s a question that will be answered right now.