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High-level summary of Payroll data for the 1988 season. The list is sorted by highest payrolls. For each player listed, League Rank is listed in ().
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1988 Payrolls by Team

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#Team NameLeagueDivisionTeam PayrollWLWPctRanklgRankmlbRankLast Yr PayrollTop Salary
1New York YankeesALEast18,909,1528576.5285711---Don Mattingly (9)
2Detroit TigersALEast15,597,0718874.543246---Jack Morris (11)
3Boston Red SoxALEast15,544,5928973.549135---Jim Rice (4)
4New York MetsNLEast15,502,71410060.625112---Gary Carter (5)
5Los Angeles DodgersNLWest15,462,5159467.584123---Fernando Valenzuela (8)
6St. Louis CardinalsNLEast14,000,0007686.46951019---Ozzie Smith (1)
7Houston AstrosNLWest13,454,6678280.5065715---Dave Smith (51)
8Philadelphia PhilliesNLEast12,998,0006596.40461124---Mike Schmidt (3)
9Chicago CubsNLEast12,339,8337785.4754918---Rick Sutcliffe (7)
10San Francisco GiantsNLWest12,188,0008379.5124614---Brett Butler (89)
11Minnesota TwinsALWest12,154,8009171.562224---Gary Gaetti (21)
12Toronto Blue JaysALEast11,673,7258775.537358---George Bell (13)
13Kansas City RoyalsALWest11,558,8738477.5223812---George Brett (2)
14Oakland AthleticsALWest11,380,18310458.642111---Carney Lansford (39)
15California AngelsALWest10,932,3887587.46341020---Mike Witt (29)
16Milwaukee BrewersALEast10,214,0008775.537469---Paul Molitor (29)
17Baltimore OriolesALEast9,995,40454107.33571426---Eddie Murray (6)
18Atlanta BravesNLWest9,967,16754106.33861225---Dale Murphy (9)
19San Diego PadresNLWest9,878,1688378.5163513---Keith Moreland (43)
20Montreal ExposNLEast8,852,3338181.5003816---Tim Raines (22)
21Cincinnati RedsNLWest8,368,8338774.540237---Mario Soto (45)
22Cleveland IndiansALEast7,819,5007884.4816917---Julio Franco (77)
23Pittsburgh PiratesNLEast7,627,5008575.5312410---Andy Van Slyke (131)
24Seattle MarinersALWest6,545,9506893.42271323---Steve Trout (74)
25Texas RangersALWest6,008,0007091.43561222---Charlie Hough (114)
26Chicago White SoxALWest5,906,9527190.44151121---Harold Baines (62)
26 record(s)
Team Name Contextual to the grid but usually self-evident. Draft = Drafted team. League Abbreviation or name of league Division League division, geographically (usually) grouping of teams within a league W Wins (Pitcher or Team) L Losses (Pitcher or Team) WPct Winning Percentage (W/(W+L)) Rank If team context, indicates Divisional Rank LgRank Rank within a League. For MLB, refers to AL or NL MLBRank Rank in all of Major League Baseball for the season