MLB's Best and Worst Contracts on the Books Right Now

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MLB's Best and Worst Contracts on the Books Right Now
Leon Halip/Getty Images
You would celebrate too if you made as much money as Albert Pujols and Josh Hamilton.

MLB is not immune to the world's growing depth of financial inequality.

Nobody will shed a tear for any professional baseball player; even those earning the league minimum are doing just fine. But many young stars are waiting for their salaries to reflect their true worth while veterans ride past production to bloated checks.

With lucrative TV contracts giving front offices more money to toss around, almost every notable signing during the past few years could be mentioned as a disturbing pay. As you bust your tail to pay the rent (although you're reading this now, so maybe it's time to get back to work), consider that Vernon Wells will make more than $24 million in 2014 after performing worse at his job than a replacement-level alternative.

And he doesn't even crack the top 10 of baseball's worst contracts.

Meanwhile, blossoming stars are either biding time until free agency or meeting small-market clubs halfway by buying out their arbitration years at a cost-effective rate. The list of MLB's biggest bargains is no place for established gamers who conquered free agency.

Let's scour all 30 MLB ledgers and pinpoint the best and the worst contracts blessing and handicapping organizations.

Note: All contract information courtesy of Cot's Baseball Contracts. Advanced statistics obtained from FanGraphs.

 

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