Report: Yankees are “going to be bold” in bidding for Masahiro Tanaka

By Nov 8, 2013, 6:10 PM EST
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We’ve known for quite some time that the Yankees are expected to bid on Japanese right-hander Masahiro Tanaka, but Jeff Passan of Yahoo! Sports hears from sources that they are willing to go to great lengths in order to land him:

Sources with knowledge of the Yankees’ plans said they are “going to be bold” in bidding on the 25-year-old right-hander when the Rakuten Golden Eagles post him, likely later this month. Just how high the Yankees plan on going is unclear, but executives believe the winning bid for the rights to negotiate a contract with Tanaka will top $75 million, nearly a 50 percent premium over the posting fees for Yu Darvish and Daisuke Matsuzaka.

While a posting fee in the range of $75 million would establish a new record for a player coming over from Nippon Professional Baseball, it would not count towards a team’s luxury tax, which obviously appeals to the Yankees. Of course, the two sides would still have to agree on a contract, and we can probably expect something similar to the six-year, $60 million deal the Rangers gave to Darvish.

As Passan notes, the interesting angle with Tanaka is that we’re not sure how the posting process will work this time around, as MLB and NPB are currently negotiating on changes which could allow for the player to have more control on where they’ll end up. George A. King III of the New York Post reported earlier today that a resolution could still be “several weeks away.” The Yankees appear willing to outbid everyone in order to get their man, but the timing could complicate some offseason plans.

AP Source: Minor leaguers reach five-year labor deal with MLB

Associated PressMar 30, 2023, 12:17 AM EDT
Syndication: The Columbus Dispatch
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NEW YORK – Minor league players reached a historic initial collective bargaining agreement with Major League Baseball on Wednesday that will more than double player salaries, a person familiar with the negotiations told The Associated Press.

The person spoke on condition of anonymity because details were not announced.

As part of the five-year deal, MLB agreed during the contract not to reduce minor league affiliates from the current 120.

The sides reached the deal two days before the start of the minor league season and hours after a federal judge gave final approval to a $185 million settlement reached with MLB last May of a lawsuit filed in 2014 alleging violations of federal minimum wage laws.

Union staff recommended approval and about 5,500 minor leaguers were expected to vote on Thursday. MLB teams must also vote to approve and are expected to do so over the next week.

Minimum salaries will rise from $4,800 to $19,800 at rookie ball, $11,000 to $26,200 at Low Class A, $11,000 to $27,300 at High Class A, $13,800 to $27,300 at Double A and $17,500 to $45,800 at Triple-A. Players will be paid in the offseason for the first time.

Most players will be guaranteed housing, and players at Double-A and Triple-A will be given a single room. Players below Double-A will have the option of exchanging club housing for a stipend. The domestic violence and drug policies will be covered by the union agreement. Players who sign for the first time at 19 or older can become minor league free agents after six seasons instead of seven.

Major leaguers have been covered by a labor contract since 1968 and the average salary has soared from $17,000 in 1967 to an average of $4.22 million last season. Full-season minor leaguers earned as little as $10,400 last year.

The Major League Baseball Players Association took over as the bargaining representative of the roughly 5,500 players with minor league contracts last September after a lightning 17-day organization drive.

Minor leaguers players will receive four weeks of retroactive spring training pay for this year. They will get $625 weekly for spring training and offseason training camp and $250 weekly for offseason workouts at home.

Beginning in 2024, teams can have a maximum of 165 players under contract during the season and 175 during the offseason, down from the current 190 and 180.

The union will take over group licensing rights for players.

Negotiating for players was led by Tony Clark, Bruce Meyer, Harry Marino, Ian Penny and Matt Nussbaum. MLB Deputy Commissioner Dan Halem headed management’s bargainers.