Nov 19, 2011, 7:07 PM EDT
The Associated Press reports that MLB’s minimum salary will increase from $414,000 to $480,000 under the league’s new CBA set to go into effect next week.
It is expected to continue to increase over the duration of the deal and could soon top $500,000.
A couple of other new reveals:
– Super-two arbitration will not only stick around but will include a few new members each year. From now on, the top 22 percent of players with two-plus years service time will be eligible from arbitration, up from the current 17 percent.
– The luxury-tax threshold will remain at $178 million next year.
– There will be two separate tax systems in place for the signing of draft picks and international free agents. A tax of 75 percent to 100 percent of the amount exceeded will be imposed on teams that go over the threshold and there will also be some threshold that causes the loss of draft picks.
– Contradicting what was reported yesterday, there will not be a tax on low-payroll teams. The subject was debated, but it appears that no system could be agreed to.
- Believe the hype: Carlos Correa is already a superstar 0
- Gregg Zaun to Yordano Ventura: “stop writing checks with your mouth that your skinny ass can’t cash” 33
- And That Happened: Monday’s scores and highlights 47
- Adrian Beltre needs just five innings for the third cycle of his career 16
- Mets blow out Marlins, move past Nationals for first place in NL East 26
- Yordano Ventura calls Jose Bautista a “nobody” and accuses him of stealing signs 73
- And That Happened: Sunday’s scores and highlights 88
- The benches cleared in Toronto, too 79
- The benches cleared in Friday’s Giants-Rangers game (208)
- Blue Jays acquire David Price from the Tigers (113)
- Rangers land ace left-hander Cole Hamels from Phillies (106)
- Royals make another big move, get Ben Zobrist from A’s (95)
- Report: Rockies trade Troy Tulowitzki to Blue Jays for Jose Reyes and prospects (92)