France economy

Latest talks make little headway in baseball’s economic stalemate

Published on:

Los Angeles (AFP) – A brief meeting on Saturday between Major League Baseball officials and players’ union representatives did little to allay fears that the 2022 season could be delayed due to economic issues.

Neither side made any concrete comments after a roughly hour-long meeting, but multiple outlets reported that player negotiators were “unimpressed” with the latest proposal put forward by MLB.

USA Today was among the media reporting that MLB had changed its proposals on several issues, including the minimum salary for players with less than one year of major league service.

It was $570,000 in 2021 and MLB has proposed raising it to $615,000, with a minimum of $650,000 for players with at least one year of service and $725,000 for players with at least two years of service. of service but not yet eligible for salary arbitration.

Or, MLB proposed, there could be a flat minimum wage of $630,000 — still a far cry from the $775,000 minimum wage the union had demanded.

MLB also proposed raising the $2 million luxury tax threshold from $214 million for the first two years to $216 million in 2024 and $218 million in 2025.

Teams that spend on wage bills above the threshold would also face lower penalties – which could incentivize them to spend more on player salaries – but the union had proposed a luxury tax threshold of 245 million. dollars.

While there are other proposals that would increase the money available to young players, USA Today and ESPN reported that MLB is not offering any changes to club revenue sharing.

The union demanded a $30 million cut in revenue sharing.

The meeting was only the fifth between the parties since the owners locked out the players on December 2 after the old collective agreement expired.

The lockout was presented as a way to draw attention to – and speed up – the negotiations.

But with the opening of team training camps next week and the first pre-season games scheduled for February 26, a postponement of spring training – with a further delay compared to the start of the season scheduled for March 31 – seemed increasingly more likely.

Saturday’s meeting came days after MLB Commissioner Rob Manfred said he believed a deal would be reached “in time to play our regular schedule.”

“I view missing games as a disastrous outcome for this industry and we are committed to reaching an agreement with the aim of avoiding that,” Manfred said on Thursday.