AP sources: MLBers keep service time in deal; draft may trim
NEW YORK — Players agreed to a deal with Major League Baseball that would preserve service time in the event this season is cancelled because of the coronavirus pandemic, but left open details of what a configured schedule would look like.
As part of the agreement approved by the union Thursday night, players will not challenge the loss of their salaries if no games are played.
Management will advance $170 million in salary payments over two stages, and that money does not have to be returned if the season is cancelled. Player salaries this year are expected to total roughly $4 billion.
Management was given the right to cut the amateur draft in both 2020 and 2021, and to freeze the values of signing bonus money at 2019 levels.