2024 MLS Player Salaries: Fall update

While Inter Miami's total payroll climbed to $41,708,280, New York City FC's dropped to $14,614,159.

2024 MLS Player Salaries: Fall update

Earlier today, the Major League Soccer Players Association released the 2024 fall update to their annual disclosure of the individual compensation for all players in the league including the New York City FC squad: Here are the 2024 NYCFC player salaries.

Not much has changed since we reported the players’s salary back in May, although the club’s overall payroll shrank from $15,977,803 to $14,614,159. New York City added no new players in the summer transfer window, which means there are no new salaries to report. Andres Jason left the club for Danish club Aalborg BK back in June, taking $287,144 off the books. And Talles Magno went to Corinthians in Brazil’s Serie A in August, which removes $1,198,000 in guaranteed salary from the payroll.


New York City FC 2024 Player Salaries | Fall Update

Player Pos 2024 Base Salary 2024 Total Comp 2023 Total Comp Change % Change
1. Thiago Martins D $2,000,000 $2,462,000 $2,112,000 $350,000 16.6%
2. Hannes Wolf M $1,400,000 $1,510,000
3. Santiago RodrĂ­guez M $1,200,000 $1,331,333 $1,331,333 $0 0.0%
4. Talles Magno* M $950,000 $1,065,000 $1,198,000 -$133,000 -11.1%
5. James Sands M $1,000,000 $1,058,333 $1,058,333 $0 0.0%
6. Keaton Parks M $900,000 $1,030,000 $550,000 $480,000 87.3%
7. Birk Risa D $600,000 $749,750 $689,750 $60,000 8.7%
8. Jovan Mijatović F $650,000 $687,500
9. Andrés Perea M $575,000 $641,500 $591,500 $50,000 8.5%
10. Julián Fernández F $564,000 $628,300 $604,300 $24,000 4.0%
11. AgustĂ­n Ojeda M $480,000 $547,833
12. Maxi Moralez M $480,000 $500,000 $500,000 $0 0.0%
13. Tayvon Gray D $350,000 $461,500 $350,000 $111,500 31.9%
14. Mounsef Bakrar F $360,000 $456,720 $432,720 $24,000 5.5%
15. Nicolás Acevedo* M $300,000 $344,800 $274,800 $70,000 25.5%
16. Mitja IleniÄŤ D $240,000 $331,700 $295,700 $36,000 12.2%
17. Alonso Martinez F $300,000 $328,483 $278,479 $50,004 18.0%
18. Strahinja Tanasijević D $240,000 $308,750
19. Matt Freese GK $250,000 $270,000 $180,000 $90,000 50.0%
20. Thiago* M $200,000 $219,600 $219,600 $0 0.0%
21. Kevin O’Toole D $175,000 $195,833 $85,444 $110,389 129.2%
22. Luis Barraza GK $165,000 $172,688 $152,688 $20,000 13.1%
23. Justin Haak M $150,000 $165,000 $165,000 $0 0.0%
24. Maximo Carrizo M $89,716 $123,239 $111,597 $11,642 10.4%
25. Christian McFarlane D $89,716 $112,972 $108,700 $4,272 3.9%
26. Rio Hope-Gund D $89,716 $89,716
27. Jonathan Shore $71,401 $83,901 $79,860 $4,041 5.1%
28. Andrew Baiera D $71,401 $77,337
29. Zidane Yañez F $71,401 $75,568
30. Malachi Jones F $71,401 $71,401
31. Tomás Romero GK $71,401 $71,401 $125,000 -$53,599 -42.9%
32. Alex Rando GK $71,401 $71,401
Total† $14,614,159

*On loan
†Excludes players on loan

Source: Major League Soccer Player’s Association


Episode 9: Approaching crunch time in Cincinnati
Decision Day didn’t go New York City FC’s way but attention is now on Round One of the MLS Cup Playoffs, with Laurel Pfahler of Queen City Press running through what to expect from FC Cincinnati.

The MLSPA reported a slight bump in pay for other players. Keaton Parks’s guaranteed compensation rose from $970,000 to $1,030,000, making him the fifth NYCFC active player to make seven figures. And Trayvon Gray’s guaranteed compensation rose from from $400,000 to $461,500, which gives him a year-on-year pay increase of 31.9%.

Here are 5 takeaways.

1. Alonso MartĂ­nez is the biggest bargain in MLS

When we first covered the 2024 player salaries in May, Mounsef Bakrar was still the striker of choice for head coach Nick Cushing. Alonso MartĂ­nez had made just three starts at that point, including an unimpressive outing against Atlanta United, and had yet to emerge as one of the most effective goals-scoring machines in the league.

MartĂ­nez made just $328,483 this year, and if we Money Ball his 16-goal season, we calculate that the club paid just $20,530 per goal. Compare that to Christian Benteke’s $4,687,500 in guaranteed salary: The DC United striker might have won the 2024 Golden Boot with 23 goals, but each one cost the club a hefty $203,804.

Alonso MartĂ­nez is the best striker in MLS*
*Since the resumption of the regular season after the end of Leagues Cup.

2. Matt Freese is a steal

New York City goalkeeper Matt Freese is another bargain at just $270,000 in guaranteed compensation. That puts him at #32 among MLS goalkeepers.

Although there are other underpaid starters in the league: CF MontrĂ©al’s Jonathan Sirius gets just $152,156, while Columbus Crew’s Patrick Schulte makes $134,978.

Instant reaction: Matt Freese plays like he has something to prove
The 25-year-old goalkeeper is on his way to establishing himself as one of the best in MLS.

3. Hannes Wolf is getting DP money

This reiterates a point we made back in May, when we wrote that the former Austrian international commands the second-highest salary on the team, ahead of Designated Player Santiago RodrĂ­guez.

Is he worth it? Maybe in the long run, but this season he was arguably the most inconsistent of the team’s five highest-paid players.

4. Jovan Mijatović has yet to prove his worth

Jovan Mijatović logged just 262 minutes in league play this season, which puts him at #22 on the team. But his $687,500 in guaranteed compensation puts the striker at #8 on the payroll, ahead of regular starters such as Gray and Maxi Moralez.

This is another long-term investment: The 19-year-old is signed through 2028, and his contributions to the team should increase with every year. But it also highlights the value of MartĂ­nez, who started the season on the margins of the NYCFC attack but who climbed over Bakrar and Mijatović on the depth chart to become the team’s primary choice at striker.

5. New York City maintain a mid-market payroll

The total compensation for NYCFC’s roster puts the team around 18th place in MLS, well behind Inter Miami’s league-leading $41,708,280.


2024 MLS Club Payrolls

Club Payroll
1. Inter Miami $41,708,280
2. Toronto FC $31,808,632
3. LAFC $22,085,924
4. LA Galaxy $21,962,879
5. Nashville SC $21,864,490
6. FC Cincinnati $20,950,009
7. Houston Dynamo $20,515,359
8. New England $18,883,233
9. New York Red Bulls $18,083,549
10. Austin FC $17,595,884
11. Orlando City $17,493,932
12. Vancouver Whitecaps $17,414,357
13. Chicago Fire $17,224,012
14. Seattle Sounders $16,680,315
15. Columbus Crew $16,586,339
16. DC United $16,490,439
17. Sporting Kansas City $16,313,140
18. New York City FC $16,243,559
19. Real Salt Lake $16,066,481
20. St. Louis City $15,484,335
21. Charlotte FC $15,474,045
22. Portland Timbers $15,407,617
23. Atlanta United $15,230,938
24. Minnesota United $14,768,315
25. San Jose $14,634,037
26. Colorado Rapids $14,435,426
27. FC Dallas $13,916,277
28. Philadelphia Union $13,813,718
29. CF Montréal $11,438,409


We should note that the numbers cited here are for each club’s total payroll, including players out on loan — that’s why New York City comes in at $16,243,559, and not the $14,614,159 figure we use above. Frankly, it would take too much work to go through every player loan in the league in order to calculate the active payroll for each club.

But it gives you a sense of where NYCFC stand in relation to the rest of MLS. The team’s payroll is well behind that of cross-river rivals New York Red Bulls ($18,083,549), who finished the season below them on the table, and FC Cincinnati ($20,950,009), who they will face on Monday in the first game of Round One of the 2024 MLS Cup Playoffs.

It also reveals the clubs that misspent (Toronto FC, New England Revolution), and the ones that overachieved (Colorado Rapids, CF Montréal).

NYCFC’s 13th Place finish in the Supporters’ Shield table doesn’t look so bad when compared to their 18th Place payroll. As for Columbus Crew, whose $16,586,339 payroll places them at 15th Place but whose 66 points put them at 2nd Place in the league, hats off to you.

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