MLB: Players Want To See Team Financial Statements

Baseball: - 17-05-20

(New York) Lawyers for the players' union have asked Major Baseball to submit their financial statements, one of the sources told the Associated Press.

The person spoke on condition of anonymity on Thursday as the information was not released by the parties involved.

Owners of 30 major baseball teams approved a reduced season plan on Monday due to the COVID-19 pandemic at 82 games as of July 4. The owners also suggest basing players' salaries on a 50-50 income split, which the union has called a salary cap and structure that players will never accept.

The union’s request for access is more common during collective agreement renewal negotiations.

"There is so much to hide money for," said pitcher Trevor Bauer of the Cincinnati Reds in a video posted to his Twitter account on Wednesday.

Bauer noted that owners could lower ticket prices while increasing prices for parking lots controlled by other entities not affiliated with the club.

"If I have to rely on Rob Manfred's promotion of the sport to make more money, forget about it," said Bauer, throwing an arrow at the baseball commissioner.

The teams made an official presentation of their project to the union on Tuesday, including the presentation of a worrying financial future. However, they did not make a formal offer.

Some teams are concerned that they may sink into the precipice by presenting matches, which would force them to pay players, and if the playoffs are canceled due to a second wave of new coronavirus during the fall. Players are not paid during the playoffs, when Major Baseball earns its largest portion of television rights revenue.

Players expect to receive details regarding safety and health measures when activities resume. Not wanting to risk being infected, Tampa Bay Rays pitcher Blake Snell said he doesn't want to play this season if he has to accept a pay cut.

"This is a shortened season, so less wages," he said in a video released Wednesday on his Twitch channel. No, I must receive my money. I don't play unless I receive it, O. K.? And that's all that matters to me. What I am saying is that I am sorry you are thinking differently, but the risk (of being infected with COVID-19) is far too high and the amount owed to me is far too small. Why would I consider doing it? "

Snell is slated to hit $ 7 million this season.

Under agreement between Major Baseball and the union, Snell and all players have received an advance of $ 286,500 for the first 60 days of the season until May 24, but will receive nothing more if no game is not presented in 2020. According to the owners' offer, which is pro rata, Snell would receive a daily salary of $ 43,210 during the shortened season.

The teams maintain that they will be in deficit if the matches are played behind closed doors. Manfred said that about 40% of the revenue is generated at the counters or linked to the counters.




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