AP source: Players ask MLB for slew of financial documents

AP source: Players ask MLB for slew of financial documents

NEW YORK — Lawyers for the baseball players’ union asked Major League Baseball to submit a slew of financial documents that detail the industry’s finances, a person familiar with the request told The Associated Press.

The person spoke on condition of anonymity Thursday because neither side announced the step.

Baseball owners on Monday approved a proposal that could lead to the coronavirus-delayed season starting around the Fourth of July with a regular-season schedule of about 82 games. Owners also gave the go-ahead to propose basing players’ salaries on a a 50-50 revenue split, which the union says is a salary cap and a framework players will never agree to.

The type of financial disclosure the union asked for is more common during overall collective bargaining talks, which play out for many months or years, rather than the limited negotiation time available now.

“There’s so many ways to hide the money,” Cincinnati pitcher Trevor Bauer said in a video he posted Wednesday on Twitter.

Bauer said owners could reduce ticket prices and at the same time charge more for parking garages they control through different entities that do not benefit the club.

Describing himself as being only slightly lighthearted, the outspoken 29-year-old took a shot at the baseball commissioner.

“If I’m going to have to trust my salary to Rob Manfred marketing the game to make more money for the game, I am out on that,” Bauer said. “Let me market the game and we’ll all make more money.”

Teams made a presentation to the union Tuesday that included a dire financial forecast but no formal proposal.

Management fears even more financial difficulty if regular-season games are played, causing players to be paid their salaries, and the post-season is cancelled because of a second wave of the new coronavirus. Players do not draw salaries during the post-season, when MLB receives the largest portion of its national broadcasting revenue.

Players are waiting to received detailed medical and testing protocols from MLB. Not willing to risk becoming ill, Tampa Bay Rays All-Star pitcher Blake Snell said he would not take the mound this year if his pay is cut further.

“I’m not splitting no revenue. I want all mine,” the 2018 AL Cy Young Award winner said on a Twitch stream Wednesday. “Bro, y’all got to understand, too, because y’all going to be like: ‘Bro, play for the love of the game. Man, what’s wrong with you, bro? Money should not be a thing.’ Bro, I’m risking my life. What do you mean, ‘It should not be a thing?’ It 100% should be a thing.”

A 27-year-old left-hander, Snell agreed in March 2019 to a $50 million, five-year contract that included a $3 million signing bonus, a $1 million salary last year and a $7 million salary this season.

As part of the March 26 agreement between Major League Baseball and the players’ association, Snell is being advanced $286,500 for the first 60 days of the season through May 24 but would not get any more in 2020 if no games are played. The deal calls for players to receive prorated shares of salary if the season does start; Snell would get $43,210 for each day of the schedule.

Teams say they would lose money if games are played in empty ballparks. Manfred says 40% of revenue is gate and related to gate.

“If I’m going to play, I should be at the money I signed to be getting paid,” Snell said. “I should not be getting half of what I’m getting paid because the season’s cut in half, all on top of a 33% cut of the half that’s already there, so I’m really getting like 25%. On top of that, it’s getting taxed. … If I get the ’rona, guess what happens with that? Oh, yeah, that stays — that’s in my body forever.”

___

More AP MLB: https://apnews.com/MLB and https://twitter.com/AP_Sports

Ronald Blum, The Associated Press

Baseball

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Alberta discussing early Stage 2 economic relaunch

Nineteen new COVID-19 cases confirmed by government Wednesday

OUR COMMUNITY: A tribute in honour of Bob Hepp

Popular Ponoka citizen Mr. Bob Hepp passes away at the age of 65 years

Facing changes together: Your community, your journalists

The COVID-19 pandemic has changed the world in ways that would have… Continue reading

Israeli, Chinese policies ‘concern’ Canada, undermine freedom, says Trudeau

Israeli, Chinese policies ‘concern’ Canada, undermine freedom, says Trudeau

House of Commons can manage virtual voting securely if MPs want it, Speaker says

House of Commons can manage virtual voting securely if MPs want it, Speaker says

VIDEO: PSC congratulates class of 2020

Ponoka Secondary Campus (PSC) posted a video on its website, psc.wolfcreek.ab.ca, on… Continue reading

Toronto home sales in May up from April, but economists temper their optimism

Toronto home sales in May up from April, but economists temper their optimism

Bank of Canada keeps key rate target on hold, expects return to growth in Q3

Bank of Canada keeps key rate target on hold, expects return to growth in Q3

Canada Goose shares up 16% after reporting $2.5 million profit for Q4

Canada Goose shares up 16% after reporting $2.5 million profit for Q4

Investors again shrug off risks to drive stock markets to three-month highs

Investors again shrug off risks to drive stock markets to three-month highs

Bank of Canada keeps key interest rate target on hold at 0.25%

Pandemic impact on economies may have peaked

Federal aid for care home systems needed ahead of second wave, advocates say

Trudeau says long-term care was discussed with provinces

Most Read