Milan's gross wage bill for 2026-27 has climbed to an estimated €103.14m, a 16.3% increase on last season's figure, according to Calcio e Finanza. The rise pushes the Rossoneri back above the €100m threshold, though they remain a distant fourth in Serie A's salary rankings behind Inter, Juventus and Napoli.
The increase, roughly €9.1m in net terms (from €55.7m to €64.8m), reflects a summer of purposeful recruitment under Ruben Amorim and the new management structure. Yet the gap to the top two wage spenders is still considerable: Inter sit at approximately €145.8m gross, Juventus at €145.5m, and Napoli at around €109.2m. Below Milan, Roma come in fifth at €92.7m, with Atalanta further back at €73.8m. Only four clubs in the league cross the nine-figure mark.
Three players share the top of Milan's pay scale at an estimated €5m net each: Gonçalo Ramos, Mike Maignan and Mario Gila. Behind them, Samuel Chukwueze, Christian Pulisic and Ruben Loftus-Cheek all earn around €4m. Those six players account for roughly €27m net, about 42% of the entire squad's wages. Stretch to the top ten earners, which adds Adrien Rabiot, Luka Modrić, Fikayo Tomori and Alexis Saelemaekers (all on €3.5m), and the share reaches 63%.
Rabiot's figure warrants a note. While earlier reports placed him at €5m net, Calcio e Finanza's analysis puts his fixed salary at €3.5m, with variable bonuses capable of pushing it higher.
The contrast with Inter is instructive. The Nerazzurri have five individuals earning more than any Milan player: Lautaro Martínez (€9m net), Hakan Çalhanoğlu (€6.5m), Nicolò Barella (€6.5m), Marcus Thuram (€6m) and Alessandro Bastoni (€5.5m). Those five alone take home €33.5m net, close to 40% of Inter's total. Inter also have nine players at €4m or above, compared to Milan's six.
At the bottom end, Milan's wage structure tells its own story. Eight players earn €1m or less, including first-team regulars Alphadjo Cissé (€500k) and Davide Bartesaghi (€600k), figures that look unsustainable given their growing roles. Francesco Camarda sits at €800k. The squad average works out at €2.4m net across the 27 first-team players.
Among the summer arrivals, Diego Moreira comes in at €3m net, Omari Hutchinson at €1.8m (fully covered by Milan during his loan spell), and Sankhoun Diawara at €1m. Strahinja Pavlović, now a permanent starter under Amorim, is reportedly a target for a contract renewal that would lift him well above his current €1.7m, with Premier League interest adding leverage to his camp's position.
Tomori's situation is worth watching from the other direction. His reintegration into the squad on a €3.5m net salary, with only one year left on his deal, carries an obvious practical dimension beyond what he offers on the pitch. Whether Milan look to extend or simply avoid carrying a high earner outside the squad through his final season will become clearer in the months ahead.
Warren Bondo (€1.5m) and Koni De Winter (€1.7m) earn similar figures despite occupying very different places in Amorim's plans, one frozen out, the other anchoring the back three. That sort of imbalance is typical of a squad mid-transition, and further corrections are expected in future windows.
The €5m net ceiling per player appears to hold firm under RedBird Capital's model, which pairs targeted statement signings with youth promotion. It is a strategy that keeps the total wage bill growing steadily rather than in leaps, but it also means the distance to Inter and Juventus, both carrying multiple depth players on prime-years contracts, is unlikely to shrink dramatically any time soon. For now, Milan's front office seems willing to accept that trade-off.