Teams Spend $ 1 Billion on MLB Day, Union Likely Heading For Lockdown| News Today

Teams Spend $ 1 Billion on MLB Day, Union Likely Heading For Lockdown

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Major-league teams pledged more than $ 1 billion in one-day wages for the first time on Wednesday, hours before the league locks players out after the collective agreement expires at 11:59 p.m. EST.


The Texas Rangers have led the spending madness, signing deals with shortstop Corey Seager for $ 325 million over 10 years and infielder Marcus Semien for $ 175 million over seven years.

Ace Max Scherzer got $ 130 million over three years from the New York Mets, and right-hander Kevin Gausman landed with the Toronto Blue Jays for $ 110 million over five years. Twins center fielder Byron Buxton also finalized a seven-year, $ 100 million contract to stay with Minnesota.

The Tigers were also due to secure a six-year, $ 140 million contract with shortstop Javier Báez.

The 16 deals and tally announced Wednesday totaled $ 1,011,250,000, part of more than $ 1.9 billion in new contacts distributed in the days leading up to the CBA’s expiration.

The union and the league are likely heading into a protracted labor dispute after the average major league salary plummeted on opening day in 2021 for the fourth consecutive season.


Among the other deals concluded on Wednesday:

– Avisail Garcia in Miami, $ 53 million over four years

– LHP Alex Wood in San Francisco, $ 25 million over two years

– INF Eduardo Escobar at the New York Mets, $ 20 million over two years

– INF / OF Leury Garcia at the Chicago White Sox, $ 16.5 million over three years

– C Yan Gomes at the Chicago Cubs, $ 13 million over two years

– RHP Yimi Garcia in Toronto, $ 11 million over two years

– RHP Corey Knebel in Philadelphia, $ 10 million over one year

– RHP Corey Kluber in Tampa Bay, $ 8 million over one year

– RHP Andres Munoz with Seattle, $ 7.5 million over four years

– C Roberto Perez in Pittsburgh, $ 5 million over one year

– C Kevin Plawecki with Boston, $ 2.25 million over one year

Local News Local news Teams Spend $ 1 Billion on MLB Day, Union Likely Heading For Lockdown

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