May 28, 2020 12:54
Ryu Hyun-jin of the Toronto Blue Jays may see his salary this year cut to a quarter of what is promised under his new contract as Major League Baseball has been halted amid the coronavirus pandemic.
The MLB on Tuesday proposed an adjusted salary plan to the Players Association in which the highest-paid players receive a larger pay cut than those making the league minimum.
Under the plan, Ryu would receive US$5 million as opposed to his full-season salary of $20 million.
The MLB has not yet even started the season, which was supposed to kick off March 26, and now hopes to open it on July 4 to coincide with Independence Day in the U.S. But it will not be possible to play a full season.
Clubs have already suffered major losses. Their original plan was for a 50-50 revenue split with the players, but this idea was unacceptable to the union, so they decided on the new plan.
But it is equally uncertain whether the players will accept the new proposal.
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