For the first time in Major League Baseball history, the salary of one player is more than the payroll of an entire team. The Chicago White Sox will pay Albert Belle $10 million for the season which is $928,333 more than the entire Pittsburgh Pirates payroll.

This Day In Baseball

On April 2, 1997 — For the first time in Major League Baseball history, the salary of one player is more than the payroll of an entire team. The Chicago White Sox will pay Albert Belle $10 million for the season which is $928,333 more than the entire Pittsburgh Pirates payroll.

 

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Sources:
Baseball Reference April 2
National Pastime April 2
Retro Sheet
Hall of Fame
SABR Games Project
Replay The Game