MLB drops arbitration cuts after union holds on free agents
Major League Baseball withdrew its plan for more limited salary arbitration on Tuesday, a day after the union withdrew its demand for greater free agent eligibility.
In the second straight day of talks aimed at an agreement to end a lockout that started Dec. 2, clubs also accepted the union’s framework to funnel additional money to pre-arbitration-eligible players from central revenue, offering a $10 million pool based on awards and WAR. The union has asked for $105 million for the group, usually about 30 players annually.
In addition, management increased its offer to increase the minimum salary for players with less than one year of major league service from $600,000 to $615,000, but with a provision teams couldn’t pay more than that amount. Players have proposed a $775,000 minimum next year, up from $570,500.
Management also withdrew its proposal that would have delinked pensions from inflation, which under the current plan results in automatic increases.