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 NEW YORK (AP) - Baseball salaries were booming even before the free-agent escalation that began more than a month ago. The average salary shot up 9 percent this year to $2,699,292, according to final figures released Wednesday by the Major League Baseball Players Association. The increase was the highest since a 12.8 percent rise in 2001 and makes it likely the $3 million mark will be broken next year or in 2008.
"The increase in the average salary is a reflection of the growth in overall industry revenues, and that while the sport still has significant economic challenges, the increased average is a reflection of the level of the talent on the field," said Bob DuPuy, baseball's chief operating officer.
Baseball salaries are soaring, with Alfonso Soriano ($136 million), Vernon Wells ($126 million) and Carlos Lee ($100 million) agreeing to nine-figure deals since the end of the season, boosting baseball's total of $100 million contracts to 11.
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