NEW YORK (AP) — A rookie at the major league minimum would make a higher percentage of his salary than multimillionaire stars like Mike Trout or Gerrit Cole under a sliding-scale proposal by big league teams that players found “extremely disappointing.”
Usually, salaries are earned during the regular season only and players receive money from the postseason pool, a maximum of about $382,000 last year for a full share on World Series champion Washington.
MLB told the union during the May 12 presentation if teams paid players prorated salaries the clubs would combine to have negative $3.58 billion earnings before interest, taxes, depreciation and amortization.
Players could propose a longer regular season, which would result in receiving a higher percentage of their salary in the initial calculation of cuts.
The union could propose suspending the luxury tax for 2020 and 2021, which in theory would give the higher-revenue teams more money to spend, and to eliminate the loss of amateur draft picks for clubs signing qualified free agents.