2006-2011First Contract Season:
$1,100/monthSecond Contract Season:
Open to negotiation
2005 SeasonFirst Contract Season:
Maximum $850/monthShort Season:
$850/monthFull Season A:
$1,050/monthDouble-A:
$1,500/monthTriple-A:
$2,150/month
1997 - Dan PeltierTriple-A:
$1,850/monthDouble-A:
$1,350/monthRookie:
$850/month
Minimum SalaryThe minimum rate of payment to a Player for each day of service on a Major League Club shall be as follows:2007—at the rate per season of $380,000;2008—at the rate per season of $390,000;2009—at the rate per season of $400,000;2010—at the rate per season of $400,000;2011—at the 2010 rate per season plus a cost of living adjustment, rounded to the nearest $500, provided that the cost of living adjustment shall not reduce the minimum salary below $400,000.
League minimum salary; For Minor League service—at a rate not less than the following:2007—at the rate per season of $60,000;2008—at the rate per season of $62,500;2009—at the rate per season of $65,000;2010—at the rate per season of $65,000;2011—at the 2010 rate per season plus a cost of living adjustment, rounded to the nearest $100, provided that the cost of living adjustment shall not reduce the minimum salary below $65,000.
For all Players signing a first Major League contract who are not covered by paragraph (2) above, the minimum salary for MinorLeague service shall be as follows:2007—at the rate per season of $30,000;2008—at the rate per season of $31,250;2009—at the rate per season of $32,500;2010—at the rate per season of $32,500;2011—at the 2010 rate per season plus a cost of living adjustment, rounded to the nearest $100, provided that the cost of living adjustment shall not reduce the minimum salary below $32,500.
Average Signing Bonus for Draftee in First 20 Rounds:$100,000
Players Drafted or Eligible for the Rule-IV Draft:Team that drafts the player holds negotiating rights until August 15 of the year drafted
If the player does not sign he returns to the draft pool for the next draft
Foreign Born Players:All amateur foreign born players are considered free agents
Are eligible to negotiate with any team they wishUsually paid less than US counterparts because of lower standard of living
Clubhouse Fees:New York Yankees Organization:
Rookie/Short Season: $20 every 2 weeksFull Season A:
Double A:Triple-A: $14 every day
Housing:Full-A to Triple-A:
Players are responsible for their own housingRookie-A or Short Season:
Players usually stay with host families or stay in hotels
Other Expenses:Food
Car BillCell Phone Bill
Entertainment Bill
Average Signing Bonus:$100,000
Agent/Advisor Fee:4%
$100,000 * 0.04 = $4,000$100,000 - $4,000 = $96,000
Taxes:$100,000 * 0.40 = $40,000
$100,000 - $40,000 = $60,000$60,000 - $4,000 = $56,000
Net Signing Bonus:$56,000
Average Monthly Salary:$900/month
Taxes:$900 * 0.24 = $216$900 - $216 = $684
Net Monthly Salary:$684
Expenses:Clubhouse Fees: $40/month
$20 every two weeksHotel Fees: $750
$25/day * 30 days
$684-$40-$750= -$106
Average Signing Bonus:$100,000
Agent/Advisor Fee:4%
$100,000 * 0.04 = $4,000$100,000 - $4,000 = $96,000
Taxes:$100,000 * 0.40 = $40,000
$100,000 - $40,000 = $60,000$60,000 - $4,000 = $56,000
Net Signing Bonus:$56,000
Average Monthly Salary:$900/month
Taxes:$900 * 0.24 = $216$900 - $216 = $684
Net Monthly Salary:$684
Expenses:Clubhouse Fees: $40/month
$20 every two weeksHotel Fees: $750
$25/day * 30 days
$684-$40-$750= -$106