Major League Baseball’s economic proposal failed to gain favor with the players as details of the plan to pay the athletes were revealed through multiple…
Major League Baseball’s economic proposal failed to gain favor with the players as details of the plan to pay the athletes were revealed through multiple reports Tuesday.
Rather than the 50-50 revenue-sharing plan that owners initially approved for their negotiators earlier this month, the league reportedly proposed a sliding-scale that would cut salaries for some of the players making the most money.
The proposal offers lower-salaried players as a higher percentage of their expected wages while the biggest money-makers take a cut of their salaries, according to the Associated Press. A rookie at the league minimum would keep about 47 percent of his original salary while players like Mike Trout and Gerrit Cole would lose more than 77 percent.
A player would reportedly keep 90 percent of his salary up to the $563,500 league minimum, including those with lower salaries while on optional or outright assignments. The amount would decrease to 72.
