Major League Baseball is expected to announce its new collective bargaining agreement early in the week. The five-year agreement will have several new provisions, such as blood testing for HGH, a luxury tax on draft and international signings, and more Super Twos, per Ronald Blum of the Associated Press. In addition, the minimum salary in MLB will rise to $480,000 in 2012.
The new minimum salary is a 16% increase over 2011, similar to the increase from $327,500 in 2006 to $380,000 in 2007 in the first year of the last CBA.
| MLB Minimum Salary | |
|---|---|
| Year | MLB Minimum |
| 2003 | $300,000 |
| 2004 | $300,000 |
| 2005 | $316,000 |
| 2006 | $327,500 |
| 2007 | $380,000 |
| 2008 | $390,000 |
| 2009 | $400,000 |
| 2010 | $400,000 |
| 2011 | $414,000 |
| 2012 | $480,000 |
|
Source: MLB CBA 2003 & 2006, AP, & Baseball-Reference.com |
|
The minimum salary will rise to $500,000 later in the deal. The payroll worksheet has been updated with this new minimum salary information, as has the right sidebar.
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