With the clock ticking, a deal on revenue sharing needs to be signed soon or there won’t be baseball this year
In order to resume baseball games in the US, the MLB sent a proposal to all players to work toward finding a good deal for the 2020 season to being. What was proposed was different than the 50-50 revenue split that was suggested; instead, revenue would be divided based on a sliding scale. According to information revealed by ESPN, the highest-paid players could see less than 40% of their full-season salaries with this deal. As a result, there are rumors going on that several players are planning on rejecting this economic plan.
The proposed scale would work in a way in which players getting salaries above $20 million would get only 20% of the total. Then, players making between $10,000,001 to $20 million would be paid 30%; those who make between $5,000,001 to $10 million would get 40% of their salary. Players who make between $1,000,001 to $5 million would get half of the total and finally, players making between $563,501 to $1 million would get 72.5% of their salary.
The players are holding onto is the agreement discussed in March in which the MLB said that players would be paid their salaries in full upon the return of baseball. Team owners presented that as an option at the time, but have since then asserted that it was based on having fans in the stands when play resumed. Currently, it looks like games could initially begin in front of empty bleachers.
On top of that, owners offered an 82-game schedule, which most likely will be refused by players. This proposal also includes $200 million total in playoff bonuses, $25 million for the completion of the division series, $50 million for the league championship series and $125 million more for the World Series.