If you are lucky enough to work for a franchise with loads of cash, are able to lead your team to a World Series title, and have a great agent, you can earn upwards of $7,000,000 a year. Then again, that might not last. Let's be honest, how many Joe Torres are there? Not many.
Other major league managers earn between $800k and $3,000,000 for a season in the bigs. This is not a job you can just step into, though. Most major league coaches spent years playing professional ball, and most worked on coaching staffs before getting the job of Skipper. Many even spent time in the minor leagues, where a manager is lucky to make $60k a season.
But who needs money when you get to dress up in a baseball uniform every day, eat sunflower seeds, and tell overpaid professional athletes what to do?