Monday, August 2, 2010

World’s Most Expensive Sports Team

World's Most Expensive Sports Team - The New York Yankees

The New York Yankees have a long and storied history as a team that produces legendary players. Forty-four Yankees have been inducted into the Baseball Hall of Fame, including such players as Lou Gehrig, Joe DiMaggio, Mickey Mantle and, of course, Babe Ruth.

Maybe that’s why the New York Yankees are the most expensive sports team in the world.

According to the first Annual Review of Global Sports Salaries, written for sportsintelligence.com and covering the salaries of 211 teams in 2009, the average Yankees player makes just under $7 million annually, while their highest-paid player, Alex Rodriguez, makes over $30 million. The Yankees were paid so much, in fact, that they had to pay a $23 million luxury tax to the MLB.

Following the Yankees are Spanish soc–er, football teams Real Madrid with an average salary of $6.3 million per year and Barcelona with an average salary of $6 million. The second best-paid team in the US (and fifth in the world) is the Dallas Mavericks, whose average salary is $5.3 million.

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