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Players Call MLB Economic Proposal `Extremely Disappointing’

Players Call MLB Economic Proposal `Extremely Disappointing’

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.

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