-Major League Baseball has the highest overall salaries of any professional sport - the league minimum is $570,500. Mike Trout made $31.17 million this year.-TV revenues generate around $1.7 Billion dollars per year, divided amongst 30 teams. Around $56.6 million to each team-in total, MLB generated around $3.66 billion dollars in 2020. This includes ticket sales, merchandise, etc.-Major League Baseball has the highest overall salaries of any professional sport - the league minimum is $570,500. Mike Trout made $31.17 million this year.-TV revenues generate around $1.7 Billion dollars per year, divided amongst 30 teams. Around $56.6 million to each team-in total, MLB generated around $3.66 billion dollars in 2020. This includes ticket sales, merchandise, etc.-LA Dodgers: $185 million; Miami Marlins: $96 million-MLB players, and professional athletes, have a marketable good that is in short supply, at the highest levelsAre MLB players overpaid? Why or why not?If so, where should the money go?How does supply and demand affect MLB players salaries?-Major League Baseball has the highest overall salaries of any professional sport - the league minimum is $570,500. Mike Trout made $31.17 million this year.-TV revenues generate around $1.7 Billion dollars per year, divided amongst 30 teams. Around $56.6 million to each team-in total, MLB generated around $3.66 billion dollars in 2020. This includes ticket sales, merchandise, etc.-LA Dodgers: $185 million; Miami Marlins: $96 million-MLB players, and professional athletes, have a marketable good that is in short supply, at the highest levelsAre MLB players overpaid? Why or why not?If so, where should the money go?How does supply and demand affect MLB players salaries?-LA Dodgers: $185 million; Miami Marlins: $96 million-MLB players, and professional athletes, have a marketable good that is in short supply, at the highest levelsAre MLB players overpaid? Why or why not?If so, where should the money go?How does supply and demand affect MLB players salaries?