MLB’s highest-paid players 2024, At least until Ohtani signs

By Samantha Stephensen

Shohei Ohtani on top – soon.

Ohtani

All eyes are on two-way star Shohei Ohtani, who has kept his free-agent plans private up until this point. Ohtani was expected to sign the largest deal in MLB history before undergoing elbow surgery that will keep him from pitching during the 2024 season and possibly beyond.

Now it’s rumored and very possible that Ohtani will sign a shorter-term deal that will enable him to return to the free agent market in the near future, once he’s proven that he’s still an elite pitcher. Should Ohtani take that route, he would almost likely be the game’s highest-paid player in 2024 and have the biggest yearly salary in MLB history

Here are the lists of both baseball’s top 10 best-paid players in 2024 as well as the largest AAVs in MLB history.

MLB’s highest-paid players 2024

RANK/PLAYERTEAMCONTRACT DETAILS2024 SALARYAVERAGE ANNUAL VALUE
T1. Max ScherzerMets/Rangers3 years, $130 million$43,333,333$43,333,333
T1. Justin VerlanderMets/Astros2 years, $86.66 million$43,333,333$43,333,333
T3. Jacob deGromRangers5 years, $185 million$40,000,000$37,000,000
T3. Aaron JudgeYankees9 years, $360 million$40,000,000$40,000,000
5. Anthony RendonAngels7 years, $245 million$38,571,428$35,000,000
6. Mike TroutAngels12 years, $426.5 million$37,116,666$35,541,667
7. Gerrit ColeYankees9 years, $324 million$36,000,000$36,000,000
8. Patrick CobrinNationals6 years, $140 million$35,416,670$23,333,333
T9. Stephen StrasburgNationals7 years, $245 million$35,000,000$35,000,000
T9. Nolan ArenadoRockies/Cardinals8 years, $260 million$35,000,000$32,500,000
T9. Corey SeagerRangers10 years, $325 million$35,000,000$32,500,000
Highest paid MLB players in 2024

Below, are the 10 biggest contracts in terms of average annual value in baseball history, along with each player’s signing team (not their current team), and the length of their deal.

Biggest contracts in MLB history based on AAV

T1. Max Scherzer, RHP, New York Mets: $43,333,333 (2022-24)
T1. Justin Verlander, RHP, New York Mets: $43,333,333 (2023-24)
3. Aaron Judge, OF, New York Yankees: $40,000,000 (2023-31)
4. Jacob deGrom, RHP, Texas Rangers: $37,000,000 (2023-27)
5. Gerrit Cole, RHP, New York Yankees: $36,000,000 (2020-28)
6. Mike Trout, OF, Los Angeles Angels: $35,541,667 (2019-30)
7. Carlos Correa, SS, Minnesota Twins: $35,100,000 (2022-24)
T8. Stephen Strasburg, RHP, Washington Nationals: $35,000,000 (2020-26)
T8. Anthony Rendon, 3B, Los Angeles Angels: $35,000,000 (2020-26)
10. Francisco Lindor, SS, New York Mets: $34,100,000 (2022-31)

Will Ohtani end up on top of both lists? Probably.

Ohtani

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