| East | W | L | Pct | GB |
| Boston | 95 | 67 | .586 | -- |
| NY Yankees | 95 | 67 | .586 | -- |
| Toronto | 80 | 82 | .494 | 15.0 |
| Baltimore | 74 | 88 | .457 | 21.0 |
| Tampa Bay | 67 | 95 | .414 | 28.0 |
| Player | Pos | Age | Salary | Avg? | Lg Rank | |
| Alex Rodriguez | 3B | 29 | $ 26,000,000 | |||
| Derek Jeter | SS | 31 | $ 19,600,000 | 4 | ||
| Mike Mussina | P | 36 | $ 19,000,000 | 5 | ||
| Randy Johnson | P | 41 | $ 16,000,000 | 11 | ||
| Kevin Brown | P | 40 | $ 15,714,286 | 12 | ||
| Jason Giambi | 1B | 34 | $ 13,428,571 | 16 | ||
| Gary Sheffield | RF-OF | 36 | $ 13,000,000 | 20 | ||
| Bernie Williams | CF | 36 | $ 12,357,143 | 28 | ||
| Jorge Posada | DH | 33 | $ 11,000,000 | 35 | ||
| Mariano Rivera | P | 35 | $ 10,500,000 | 40 | ||
| Carl Pavano | P | 29 | $ 9,000,000 | 55 | ||
| Hideki Matsui | LF-DH | 31 | $ 8,000,000 | 83 | ||
| Matt Lawton | RF-LF | 33 | $ 7,750,000 | 86 | ||
| Al Leiter | P | 39 | $ 7,000,000 | |||
| Steve Karsay | P | 33 | $ 6,000,000 | |||
| Jaret Wright | P | 29 | $ 5,666,667 | |||
| Mike Stanton | P | 38 | $ 4,000,000 | |||
| Tom Gordon | P | 37 | $ 3,750,000 | |||
| Darrell May | P | 33 | $ 3,225,000 | |||
| Felix Rodriguez | P | 32 | $ 3,150,000 | |||
| Alan Embree | P | 35 | $ 3,000,000 | |||
| Paul Quantrill | P | 36 | $ 3,000,000 | |||
| Mark Bellhorn | 2B-3B | 30 | $ 2,750,000 | |||
| Tino Martinez | 1B | 37 | $ 2,750,000 | |||
| Shawn Chacon | P | 27 | $ 2,350,000 | |||
| Tony Womack | SS-2B | 35 | $ 2,000,000 | |||
| Ruben Sierra | RF | 39 | $ 1,500,000 | |||
| Tanyon Sturtze | P | 34 | $ 850,000 | |||
| John Flaherty | C | 37 | $ 800,000 | |||
| Tim Redding | P | 27 | $ 750,000 | |||
| Rey Sanchez | SS-2B | 37 | $ 600,000 | |||
| Bubba Crosby | RF-LF | 28 | $ 322,950 | |||
| Andy Phillips | 3B | 28 | $ 317,200 | |||
| Jason Anderson | P | 26 | $ 300,000 | |||
| Colter Bean | P | 28 | $ 300,000 | |||
| Melky Cabrera | LF | 20 | $ 300,000 | |||
| Robinson Cano | 2B | 22 | $ 300,000 | |||
| Jorge DePaula | P | 26 | $ 300,000 | |||
| Felix Escalona | SS-2B | 26 | $ 300,000 | |||
| Wayne Franklin | P | 31 | $ 300,000 | |||
| Alex Graman | P | 27 | $ 300,000 | |||
| Buddy Groom | P | 39 | $ 300,000 | |||
| Sean Henn | P | 24 | $ 300,000 | |||
| Russ Johnson | 3B-2B | 32 | $ 300,000 | |||
| Ramiro Mendoza | P | 33 | $ 300,000 | |||
| Wil Nieves | C | 27 | $ 300,000 | |||
| Scott Proctor | P | 28 | $ 300,000 | |||
| Kevin Reese | OF | 27 | $ 300,000 | |||
| Aaron Small | P | 33 | $ 300,000 | |||
| Mike Vento | OF | 27 | $ 300,000 | |||
| Chien-Ming Wang | P | 25 | $ 300,000 |