Minimum Salary for a MLB Player

The minimum salary for a MLB Player depends on the year and any incentives owed to the player above and beyond the minimum.

MLB Minimum Salary for 2014 Contracts

The rules that help players determine their minimum salary or minimum contract amount is established under the Collective Bargaining Agreement (“CBA”).  In other words, a MLB cannot pay a baseball player less than what is contractually agreed to under the CBA. Often, players confuse the minimum salary for a MLB player with a set salary.

Although partially true, a player’s minimum contract amount is pro-rated based on the number of days the player is on a MLB roster. In other words, a player should instead consider their daily wage, which is determined by dividing the minimum wage by the number of days the player is attached to their team’s Championship Season.

Minimum Salary for a MLB Player in the year 2012?

For the year 2012, the minimum salary for a MLB player was $480,000 for one season or approximately $2,667 per day the player is assigned to a MLB roster.

Minimum Salary for a MLB Player in the year 2013?

For the year 2013, the minimum salary for a MLB player is $490,000 for one season or approximately $2,722 per day the player is assigned to a MLB roster.  This was an approximate 2% increase from the previous season.

Minimum Salary for a MLB Player in the year 2014?

For the year 2014, the minimum salary for a MLB player is $500,000 for one season or approximately $2,777 per day the player is assigned to a MLB roster.  This is approximately a 2% increase from 2013 and a 4% increase from the year 2012.  To put this in perspective, the rate of inflation in the United States is approximately 1.8%.

Minimum Salary for a MLB Player in the year 2015?

For whatever reason, the minimum salary for a MLB player gets “complicated” starting in 2015.  Again, this is due to the rules established by the CBA.  None the less, in 2015, the minimum salary for a MLB player will be at least $500,000.  In other words, the 2015 minimum salary for a MLB player will include a cost of living adjustment rounded to the nearest $500 – only if the cost of living adjustment does not reduce the player’s salary below the $500,000 threshold.

Provided MLB and the MLPA agree on issues related to establishing a cost of living, the minimum salary for a MLB should not be a complicated issue of contention.  However, it is the opinion of this Sports Agency that the minimum salary for a MLB player in the year 2015 will be an issue of contention.

Minimum Salary for a MLB Player in the year 2016?

In the year 2016, the minimum salary for a MLB player will be based on the rate established in 2015.  For this reason, the cost of living standard is extremely relevant to players playing for the minimum salary.  Additionally, it is imperative that your contract account for these issues, which is not clearly addressed under the standard players contract provided by the CBA.

If you need help with the Minimum Salary for a MLB Player:

If you are a MLB player or are seeking a professional contract and need help with affirming your rights under the CBA, consider contacting Royal Sports Group for help.