NEW YORK — Lionel Messi is the highest-paid player in MLS for the third straight year with total annual compensation of $20,446,667, greater than the entire payroll of 21 teams.

Messi’s base compensation is $12 million, the MLS Players Association said Wednesday.

His figures cover his MLS deal, which runs through 2025, including any marketing bonus and agent fees. They do not account for any additional agreements with the team or its affiliates, or for any performance bonuses.

The average guaranteed compensation of $649,120 was up 9.2% from $594,389 in May 2024.

Messi’s Inter Miami topped the league with a record $46.8 million payroll as of May 23, up from $41.7 million at the end of last season. Miami’s payroll was double that of all teams other than Toronto ($34.1 million) and Atlanta ($27.6 million).

Cincinnati was fourth at $23.2 million, followed by the defending champion LA Galaxy ($22.9 million), Los Angeles FC ($22.4 million) and Chicago ($22.1 million).

The Earthquakes’ $17.2 million ranks 17th out of 30 MLS teams.

Expansion San Diego was 10th at $20 million.

Montreal had the lowest payroll in the league at just under $12 million. Philadelphia was 29th at $13.4 million.

Toronto winger Lorenzo Insigne was second at $15.4 million in total compensation, followed by Miami midfielder Sergio Busquets ($8,774,996), Atlanta winger Miguel Almirón ($7,871,000), San Diego winger Hirving Lozano ($7,633,333), Toronto winger Federico Bernardeschi ($6,295,381), New York Red Bulls winger Emil Forsberg ($6,023,625), Miami left back Jordi Alba ($6 million), LA Galaxy midfielder Riqui Puig ($5,779,688), Chicago winger Jonathan Bomba ($5,581,806) and Nashville midfielder Hany Mukhtar ($5,311,667).

Eleven players earn $5 million or more, up from nine at the start of last season, and 50 earned $2 million or more, up from 44. There were 131 at $1 million or more, up from 115 at the start of last year.

Total compensation of all 902 signed players was $586 million, up 12.9% from $519 million at start of 2024, 27.4% from $460 million at the start of 2023 and 48.7% from $394 million at the beginning of 2022.

In addition to Lozano and Bamba, other notable newcomers included Atlanta forward Emmanuel Latte Lath ($4,030,546 in total compensation), Cincinnati forward Kévin Denkey ($3.81 million), Charlotte winger Wilfried Zaha ($2,751,667) and NY.. Red Bulls forward Eric-Maxim Choupo-Moting ($3,530,667).

LAFC forward Olivier Giroud was at $3,675,000 and Portland midfielder David Da Costa at $3,425,000.

Among U.S. national team players, Nashville defender Walker Zimmerman had total compensation of $3,456,979, Seattle winger Jordan Morris ($2.26 million), Seattle forward Jesús Ferreira ($1,828,960), Colorado midfielder Djordje Mihailovic ($1,775,000), Cincinnati defender Miles Robinson ($1,650,171), Seattle midfielder Cristian Roldán ($1,666,000), San Diego midfielder Luca de la Torre ($1,535,331), Charlotte defender Tim Ream ($1,127,750), Colorado goalkeeper Zack Steffen ($1 million), Cincinnati defender DeAndre Yedlin ($948,750) and Colorado defender Reggie Cannon ($841,500).

Charlotte forward Patrick Agyemang, who has three goals for the U.S. in the CONCACAF Gold Cup, earns $104,000. Other Gold Cup players include RSL midfielder Diego Luna ($499,833), keeper Matt Freese ($420,000) and defender Alex Freeman ($108,000).