What is the average slugging percentage and salary in MLB?

Long after it was first invented, slugging percentage gained new significance when baseball analysts realized that it combined with on-base percentage (OBP) to form a very good measure of a player's overall offensive production (in fact, OBP + SLG was originally referred to as "production" by baseball writer and statistician Bill James). A predecessor metric was developed by Branch Rickey in 1954. Rickey, in Life magazine, suggested that combining OBP with what he called "extra base power" (EBP) would give a better indicator of player performance than typical Triple Crown stats. EBP was a predecessor to slugging percentage.