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NEW YORK (AP) — Major League Baseball’s economic proposal to the Major League Baseball Players Association on Tuesday, as obtained by The Associated Press.
To calculate what a player with a major league contract would receive, a three-step calculation is made:
Multiply a player’s 2020 salary (not including signing bonuses, which are guaranteed at full value), and multiply by:
Take the figure for a player after step 1 and multiply by 50.6%, the proration formula in the March 26 agreement between MLB and the MLBPA as applied to an 82-game regular-season schedule (82/162).
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A $200 million bonus pool would be added if the postseason is completed. The money from the bonus pool would be applied in greater proportion to high-salaried players, who lost more in Step 1.
A comparison of what a player at each salary level would earn at his original 2020 salary (base salary only), the March 26 agreement and Tuesday’s proposal by MLB:
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