MLB owners approve historic revenue-sharing plan amid coronavirus pandemic

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MLB owners approve historic revenue-sharing plan amid coronavirus pandemic
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Major League Baseball owners approve historic plan that would require teams to share 50% of their 2020 revenue with the MLB Players Association.

This is the first time MLB clubs would be willing to share revenue with players during the regular season, although it exists in the three other major team sports. In the NFL, players get 47% of the revenue, and in the NBA players receive between 49% and 51% based on expected income.

The union has balked at the idea that players should take an additional pay cut since they will lose about half of their annual salary with the season being reduced to 82 regular-season games. They agreed to be paid on a pro-rated basis in their previous agreement on March 26, which granted players a full year of service time if no season is played.

According to the two people, the traditional two-league- six-division structure will remain, but teams will only play opponents in their division and the corresponding geographical division from the other league. So a team such as the New York Yankees would play only against their AL East opponents and the NL East, while a team like the Los Angeles Dodgers, who weren’t scheduled to play the Houston Astros, now would play them at least six times.

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