Minimum salary to rise to $480,000 in new labor deal

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The Associated Press reports that MLB’s minimum salary will increase from $414,000 to $480,000 under the league’s new CBA set to go into effect next week.

It is expected to continue to increase over the duration of the deal and could soon top $500,000.

A couple of other new reveals:

– Super-two arbitration will not only stick around but will include a few new members each year. From now on, the top 22 percent of players with two-plus years service time will be eligible from arbitration, up from the current 17 percent.

– The luxury-tax threshold will remain at $178 million next year.

– There will be two separate tax systems in place for the signing of draft picks and international free agents. A tax of 75 percent to 100 percent of the amount exceeded will be imposed on teams that go over the threshold and there will also be some threshold that causes the loss of draft picks.

Contradicting what was reported yesterday, there will not be a tax on low-payroll teams. The subject was debated, but it appears that no system could be agreed to.

Free agent slugger José Abreu signs 3-year, $58.5M deal with Astros

Kamil Krzaczynski-USA TODAY Sports
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HOUSTON — Jose Abreu and the World Series champion Astros agreed to a three-year, $58.5 million contract, adding another powerful bat to Houston’s lineup.

Abreu, the 2020 AL MVP, gets $19.5 million in each of the next three seasons.

He spent his first nine major league seasons with the Chicago White Sox. The first baseman became a free agent after batting .304 with 15 home runs, 75 RBIs and an .824 OPS this year.

With the Astros, he replaces Yuli Gurriel at first base in a batting order that also features All-Star sluggers Yordan Alvarez, Jose Altuve, Alex Bregman and Kyle Tucker.

Gurriel became a free agent after Houston defeated the Philadelphia Phillies this month for its second World Series championship.

The 35-year-old Abreu becomes the biggest free agent to switch teams so far this offseason. Born in Cuba, the three-time All-Star and 2014 AL Rookie of the Year is a .292 career hitter in the majors with 243 homers, 863 RBIs and an .860 OPS.

The Astros announced the signing. Abreu was scheduled to be introduced in a news conference at Minute Maid Park.

He would get a $200,000 for winning an MVP award, $175,000 for finishing second in the voting, $150,000 for third, $125,000 for fourth and $100,000 for fifth. Abreu also would get $100,000 for earning World Series MVP and $75,000 for League Championship Series MVP, $75,000 for making the All-Star team and $75,000 for winning a Gold Glove or a Silver Slugger.

Abreu gets a hotel suite on road trips and the right to buy a luxury suite for all Astros home games.