Home
Articles
Photos
Interviews
Forums
New posts
Search forums
Georgia Tech Recruiting
Dashboard
What's new
New posts
New profile posts
Latest activity
Chat
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Georgia Tech Athletics
Georgia Tech Baseball
2020 MLB Draft
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="JacketOff" data-source="post: 721672" data-attributes="member: 4572"><p>Lol no need to be embarrassed. MLB financials do tend to be confusing. Anytime money is discussed with the draft it is bonus money. All players sign the same minor league contract when they sign, and their salaries are the same, whether they sign for $9M or $9k in the draft. Teams have players under control for their “rookie” contract for 7 years, whether they spend all 7 in the minors or 1 in the minors and 6 in the majors. Teams are free to renegotiate at any time, but there’s no incentive for them to until a players gets to his free agent year. This fact is a big reason why the players are split in their financial debate with the league. Very few of them have the top dollar contracts that are publicized so often. I saw a stat recently that said a player who spends less than 3 full seasons in the majors won’t even net $1M in salary, and nearly 2/3 of players aren’t reaching that 3 season threshold.</p></blockquote><p></p>
[QUOTE="JacketOff, post: 721672, member: 4572"] Lol no need to be embarrassed. MLB financials do tend to be confusing. Anytime money is discussed with the draft it is bonus money. All players sign the same minor league contract when they sign, and their salaries are the same, whether they sign for $9M or $9k in the draft. Teams have players under control for their “rookie” contract for 7 years, whether they spend all 7 in the minors or 1 in the minors and 6 in the majors. Teams are free to renegotiate at any time, but there’s no incentive for them to until a players gets to his free agent year. This fact is a big reason why the players are split in their financial debate with the league. Very few of them have the top dollar contracts that are publicized so often. I saw a stat recently that said a player who spends less than 3 full seasons in the majors won’t even net $1M in salary, and nearly 2/3 of players aren’t reaching that 3 season threshold. [/QUOTE]
Insert quotes…
Verification
Who was Georgia Tech's starting QB in 2023?
Post reply
Home
Forums
Georgia Tech Athletics
Georgia Tech Baseball
2020 MLB Draft
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…
Top