New York — Agent Scott Boras recommends his clients refuse Major League Baseball’s attempt to cut salaries during negotiations with the players’ association, claiming team…
New York — Agent Scott Boras recommends his clients refuse Major League Baseball’s attempt to cut salaries during negotiations with the players’ association, claiming team financial issues caused by the coronavirus pandemic have their origin in management debt financing.
In an email obtained by The Associated Press, Boras wrote that players should not alter terms of the March 26 agreement between MLB and the union that called for players to reduce their salaries to a prorated rate based on a shortened season. MLB on Tuesday proposed a series of tiered reductions that would cause top stars to receive the biggest cuts.
“Remember, games cannot be played without you,” Boras wrote. “Players should not agree to further pay cuts to bail out the owners. Let owners take some of their record revenues and profits from the past several years and pay you the prorated salaries you agreed to accept or let them borrow against the asset values they created from the use of those profits players generated.”
Boras is baseball’s best-known agent and represented 71 players on active rosters and injured lists as of Aug. 31, the most among player representative firms. His Newport Beach, Calif.-based company negotiated more than $1.2 billion in contracts during the offseason.
Salaries were set to range from $563,500 for players at the major league minimum to $36 million for Mike Trout and Gerrit Cole, the latter a Boras client. Under the March agreement, the range would be cut to roughly $285,000 to $18 million for the 82-game regular season MLB has proposed.
