What is the minimum wage for major league baseball player?

Answer 1

Answer

This is a very complex question because everything depends upon the players length of uninterrupted service - and that can be with one team or many teams in professional Baseball - and many other things!!

For all minor league contracts - $850/month maximum - however players may get millions as signing bonuses before each season!!!! (Rare that signing bonuses go to minor league players - unless they are top draft choices!!)

By contract:

The minimum salary for the 2008 and 2009 season was $390,000.

The minimum salary for the 2005 season was $316,000.

The minimum salary for the 2004 season was $300,000.

The AVERAGE player (30 teams 25 man roster = 750 professional baseball players - roster expands to 40 men in September - 1,200 professional players) for 2010 is $2,585,478 per player!!! Of course this includes many players that make +10 million per year - few players actually make minimum wage - most have multi-year contracts!!

The determent factor is the number of games the player has played on the major league level. Once a player hits (I THINK) 83 games - he is considered to have 1 year of experience. These add up as players with 3, 5,7 and 10 years of experience - all have every different minimum wages for which they can play! This works FOR and AGAINST players - as some players with +10 years of service - can not find a team that will pay them the minimum wage that they MUST get paid according to the players contract!

Major league players can negotiate to get salary hikes and can negotiate after four years of service to one team (they become free agents). There are stipulations that allow any player to negotiate - according to the amount of service he has put in!!! These are called "free agents" and they can negotiate with any team they want!!
The minimum salary for an MLB player is $380,000.

Answer 2

390,000 U.S. dollars