Dec 15, 2010, 12:58 PM EST
The commissioner’s office announced today that the MLB minimum salary will rise to $414,000 for 2011, which is a $14,000 increase from the $400,000 mark this year.
As part of the collective bargaining agreement the minimum salary rises at the same rate as the increase in the Consumer Price Index-Urban Wage Earners and Clerical Workers.
Minor leaguers also receive a bump in pay, with the minimum salary for non-big leaguers on the 40-man roster rising from $65,000 to $67,300.
Earlier this week the Associated Press reported that the average MLB salary exceeded $3 million in 2010 for the first time.
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- Report: Talks between the Mets and Curtis Granderson have “intensified” 31
- Yankees agree to seven-year, $153M contract with free agent outfielder Jacoby Ellsbury 159
- Marlins sign free agent catcher Jarrod Saltalamacchia to three-year, $21 million contract 44
- Carlos Beltran likely to land with the Royals? 18
- Yankees agree to seven-year, $153M contract with free agent outfielder Jacoby Ellsbury (159)
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- Robinson Cano met with the Mariners in Seattle (85)
- Yankees’ Jacoby Ellsbury signing to pay big dividends… for now (79)
- Robinson Cano says he never asked for $300 million (70)