The 2024 World Series matchup is the more classic kind of “moneyball,” where two of the most gargantuan payrolls in Major League Baseball meet at the end of the playoff road. The Dodgers-Yankees matchup is between presumed league MVPs, the $700 million Shohei Ohtani and $360 million Aaron Judge.
Both teams sport three players with contracts above $300 million. On the Yankees’ side, it’s Judge, Giancarlo Stanton ($325 million) and Gerrit Cole ($324 million). On the Dodgers’ side, it’s Ohtani, Mookie Betts ($365 million) and Yoshinobu Yamamoto ($325 million).
The money promised this year to these three players on each side of the Fall Classic combined for more than several teams’ entire annual payrolls, including two teams that made the playoffs (Cleveland Guardians and Detroit Tigers) but fell short of making the World Series.
The Yankees have the second-highest payroll in the major leagues this year, while the Dodgers have the fifth-highest. However, the Dodgers come with an asterisk after some creative accounting with baseball’s top star.
Ohtani’s contract is valid for 10 years totaling $700 million, with an annual payout of $70 million a year. However, he’s only pocketing $2 million a year during the length of the contract, choosing to defer $68 million annually to be paid after the contract expires.
If the Dodgers paid the actual $70 million value this year, they’d be sitting with a 2024 team payroll in line with the Yankees at around $309 million, according to payroll calculations by Spotrac.
To get to the World Series, the Dodgers beat the New York Mets, the team with the highest payroll in all of baseball at nearly $318 million. Meanwhile, the Yankees beat the Cleveland Guardians with a payroll worth nearly triple what the Guards brought to the plate.
The Yankees punched their ticket to the World Series on a 2-out, 10th-inning, 3-run homer by Juan Soto. Soto is on a 1-year deal making $31 million. He’s the fourth highest-paid player on the Yankees roster, yet his salary is nearly double the Cleveland Guardians’ top-paid player, 6-time All-Star José Ramirez.
Soto already has a World Series ring with the Washington Nationals, which he won at age 21. Now 26, he has the chance for a second and a big payday to follow. Will the Yankees stretch the bank to keep him long term? Because of his age and propensity to hit it big when it counts, experts say Soto could be looking at a contract where the baseline is $500 million.
Dodgers versus Yankees is the most common matchup in World Series history. The blockbuster teams have met 11 times before, but the last matchup was 43 years ago.
From 1941 to 1981, the Yankees got the best of the Dodgers, 8-3. But what will this new generation of baseball bring?
The Dodgers’ highest-paid players are locked up into the 2030s, while the only Yankees player with a contract that deep is the face of the franchise, Aaron Judge.