The MLB lockout rages on, with no ending in sight.
The Players Association and the owners remain miles apart on issues such as the CBT threshold and the amount of money that should be in the pre-arbitration bonus pool.
Many people seem to fall into the trap of believing that this is a war between billionaires and millionaires who are needlessly fighting over large sums of money.
However, ESPN baseball analyst Eduardo Perez has an interesting point on why that is an incorrect assumption and cites a 2019 study that showed that 40 percent of MLB players actually earned less than $1 million in their careers.
a 2019 study determined that 40% of players earned less than $1 million in their careers, and the median earnings in that group was $357,718, and that’s before being taxed in every state in which the teams play, union fees or agents’ percentages. Per @susanslusser #MLB
— Eduardo Perez (@PerezEd) March 7, 2022
This Is Not “Billionaires Vs. Millionaires”
This should be a wake-up call for any fan who believes this is simply “billionaires vs. millionaires.”
This is what the players are trying to fight against.
Hearing people say that this is “billionaires vs. millionaires” is quite old at this point, especially considering the study Perez is referencing.
This is one of the main reasons the players want more money.
Their requests are not extreme ones.
The problem is the owners and their inability, or rather unwillingness to pay the players what they deserve, and just keep all the money for themselves.
The Players Association is simply fighting for the rights of younger players, who have constantly been low-balled by the owners and the league.
This study is proof enough of the corruption of the owners and continues to drive the point home about their greed and selfishness.