Blue Jays: MLB owners lowball players with proposal
The MLB owners attempted to stick it to the players with an egregious lowball offer that could have a detrimental impact on the two sides reaching a deal.
There is no question that neither side will get much sympathy from fans as the rich attempt to get richer, however, if you look at the proposed offer objectively, it is definitely an insult and probably borders bargaining in bad faith.
Regardless of how much money the players make, the proposed pay cut would never fly in the private or public sector of real life. The cuts are too dramatic of a decline from their regular anticipated earnings regardless of how many games they are scheduled to play this season.
According to Jon Heyman of the MLB Network, here is how the offer shakes out in terms of proposed salaries.
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If the MLBPA decided to agree to the proposal, players earning the league minimum of $563,500 would see that total drop to $262,217.
$1 million reduced to $434,143
$2 million reduced to $736,136
$5 million reduced to $1,642,113
$10 million reduced to $2,947,895
$20 million reduced to $5,151,099
$25 million reduced to $6,048,520
$35 million reduced to $7,843,363
I understand there needs to be some compromise from both sides, however, these figures are borderline insulting. One would think the easiest most sensical solution would be a payout of $50 percent of their salary seeing they are only playing half a season.
There is speculation swirling that the MLBPA may not even respond or counter the proposal from the owners. This goes hand in hand with comments from former Blue Jays pitcher Marcus Stroman yesterday who tweeted that he was not confident a deal would get done.
The owners are banking on the fact that they will lose a plethora of revenue from the games being played in empty stadiums. The owners have stated publicly they will take a $640,000 hit for every game played with no fans.
The 2020 MLB baseball season hinges on one thing and one thing only……MONEY. Will a deal get done in time to salvage the season?