No Fans, No Deal Between Players and Owners?
The end of March featured a bit of relatively good news on the baseball front, as MLB and the MLBPA agreed on a deal that appeared to address issues like service time and player compensation during this unusual season, allowing for a smooth path forward once and if it is safe to begin play. (Amateur players, who saw the rounds of the June draft dramatically reduced, got a far less good bargain.) The deal looked to be a good compromise from both sides, seemingly ensuring that labor questions would not get in the way of an abbreviated season. However, recent reports, which keyed off comments from Mets owner Fred Wilpon to New York governor Andrew Cuomo, indicate that the peace is not quite as secure as was once thought.
As initially reported, the deal seemed fairly straightforward. The players would receive a salary advance of $170 million that would not need to be paid back in the event of a cancelled season. In addition, the players were to receive service time consistent with what they had accrued in 2019 if no season was played. The players and owners agreed that player salaries would be pro-rated to the number of games played, with service time calculated in the same fashion. The owners received a guarantee that players would not sue for their 2020 salaries. The owners were also given the ability to defer more than a quarter of a billion dollars of draft and international bonuses to future years while the reduction in rounds would eliminate between $50 million and $100 million from the draft pool entirely. Read the rest of this entry »
Jay Jaffe