Teams spend $1B on day MLB, union likely head to lockout
NEW YORK (AP) — Major league teams committed to over $1 billion in salaries in one day for the first time Wednesday, hours before the league was expected to lock out the players following the 11:59 p.m. EST expiration of the collective bargaining agreement.
The Texas Rangers led the spending spree, finalizing deals with shortstop Corey Seager for $325 million over 10 years and infielder Marcus Semien for $175 million over seven years.
The Detroit Tigers locked up Javier Báez on a $140 million, six-year deal, ace Max Scherzer got $130 million over three years from the New York Mets, and right-hander Kevin Gausman landed with the Toronto Blue Jays for $110 million over five years. Twins center fielder Byron Buxton also finalized a $100 million, seven-year contract to remain with Minnesota.
The 17 deals and counting announced Wednesday totaled $1,151,250,000, part of more than $1.9 billion in new contacts handed out in the days ahead of the CBA expiration.