Major League Baseball has proposed cutting the salaries of the highest-paid players in baseball when the sport returns following the coronavirus outbreak.
Sources said the highest-paid players would receive perhaps less than 40% of their full season salaries. For example, a player making $35 million in 2020 would make $7.8 million.
The lowest-paid players taking lesser cuts from their full prorated shares.
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MLB made the economic proposal to the MLB Players Association. Both sides would need to reach an agreement on players’ salaries before the season starts again.
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