[cctop]

I didn't realize that most minor league baseball players make about $8000 a season, which sometimes is not even enough to cover their costs.

With the low odds of making the majors and the ridiculous-crazy money only a few players earn, some minor leaguers are signing contracts with each other to pool their potential MLB earnings.

The standard contract is to contribute nothing before $1.6 million of MLB salary,  then 10% of everything above that up to a max contribution of $20 million.

I wonder how long it'll be before this filters down to the collegiate level.

Short piece:
https://www.npr.org/2019/10/25/773532516...-imbalance

Longer piece:
https://www.npr.org/2019/10/25/773493342...money-ball

[cctop]

I didn't realize that most minor league baseball players make about $8000 a season, which sometimes is not even enough to cover their costs.

With the low odds of making the majors and the ridiculous-crazy money only a few players earn, some minor leaguers are signing contracts with each other to pool their potential MLB earnings.

The standard contract is to contribute nothing before $1.6 million of MLB salary,  then 10% of everything above that up to a max contribution of $20 million.

I wonder how long it'll be before this filters down to the collegiate level.

Short piece:
https://www.npr.org/2019/10/25/773532516...-imbalance

Longer piece:
https://www.npr.org/2019/10/25/773493342...money-ball