Left Menu
Development News Edition

Reports: Players balk at MLB's pay-cut proposal

Reuters | Updated: 27-05-2020 05:40 IST | Created: 27-05-2020 05:40 IST
Reports: Players balk at MLB's pay-cut proposal

Major League Baseball presented its players union with a revised economic plan for the yet-to-start 2020 season on Tuesday, proposing a sliding-scale of pay cuts, with the top-paid stars due to take the biggest hits. The outline was met with immediate resistance from the MLB Players Association, multiple media outlets reported.

According to USA Today, the MLBPA views the proposed cuts as being "massive." The teams did back off their proposal for revenue sharing, which the union feared could be a step toward a salary cap.

The latest proposal is MLB's attempt to revise the year's finances based on shifting realities amid the coronavirus pandemic, which caused spring training to shut down in mid-March and has led to Opening Day being postponed indefinitely. In late March, the union agreed to a deal to have players paid on a prorated basis depending upon how many games are completed this year. However, that was with the assumption that fans would be in the stands. With sports, including baseball, now looking at the likelihood of a resumption behind closed doors, MLB's economic model was greatly impacted.

The result was the proposal made Tuesday. The players with the highest salaries could be facing a pay cut of more than 60 percent, according to ESPN, with USA Today putting the top reduction at "perhaps as much as 75 percent." Players making the league minimum of $563,500 would have the smallest percentage pay cut. The game's top-paid players, Los Angeles Angels outfielder Mike Trout and New York Yankees pitcher Gerrit Cole, could see their 2020 salaries sliced from $36 million to around $8 million, according to ESPN.

MLB wrote in a statement, "We made a proposal to the union that is completely consistent with the economic realities facing our sport. We look forward to a responsive proposal from the MLBPA." Milwaukee Brewers pitcher Brett Anderson tweeted, "Interesting strategy of making the best most marketable players potentially look like the bad guys"

ESPN provided a comparison of player salaries on a prorated basis for an 82-game schedule vs. the owners' new proposal. A player with the minimum salary would have received $285,000 on a prorated basis for 82 games but would get $262,000 under MLB's new plan.

Other figures, with 82-game prorated salary versus the salary under MLB's proposal, per ESPN: $1.01 million vs. $736,000

$5.06 million vs. $2.64 million $10.1 million vs. $5.15 million

$15.2 million vs. $6.95 million $17.7 million vs. $7.84 million

--Field Level Media



COVID-19 seems cooking biggest ever global scam

The increasing number of corruption cases on COVID-19 funds from throughout the world and involvement of high profile persons indicate that the countries cant ignore corruption in their pandemic response programs. This has generated the nee...

Health Management Information Systems lack holistic, integrated, and pandemic resilient character

Being a part of the United Nations system, the World Health Organization WHO deserves its share of rebuke for its alleged failure issue COVID-19 health emergency alerts on appropriate time. However, the pandemic has also exposed loopholes i...

Pride in the time of coronavirus: a welcome move online?

This year is different in many ways not least as celebrations are also taking place against the dramatic backdrop of a global health crisis and a resurgence in grassroots activism following the death of George Floyd in Minneapolis. ...

COVID-19: Weighing up the benefits and limitations of edtech platforms

Edtech companies shouldnt focus on merely pushing contents, but to provide an interactive, effective teaching and learning environment. ...


Latest News

Muzaffarnagar: Man’s body recovered from nullah, days after biz partner found dead

Days after a 35-year-old local financier was found dead, the body of his missing business partner, who was accused of killing him, was recovered from a nullah near here, police said on Monday. On June 30, Amit Kumar was found dead at his bu...

What you need to know about the coronavirus right now

Heres what you need to know about the coronavirus right now Airborne transmissionHundreds of scientists say there is evidence that the novel coronavirus in smaller particles in the air can infect people and they are calling for the World He...

Eternal surge to title at NA Summer Showdown

The final day of the North American region of the Overwatch League Summer Showdown delivered on promises of intense action and drama, featuring a surprising young team earning the title of champion. The Paris Eternal 9-6 won the Summer Show...

Sri Sri Tattva Launches its Store on the First Social Media Super App Made in India - Elyments

Bengaluru, Karnataka, India NewsVoirSri Sri Tattva, Indias leading health wellness and FMCG brand has tied up with Elyments to launch its e-commerce store via the social media application. Elyments is the first social media Super App, Made...

Give Feedback