<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR><TD class=yspsctnhdln>Baseball minimum salary jumps to $327,000</TD></TR><TR><TD height=7><SPACER width="1" type="block" height="1"></TD></TR></TBODY></TABLE><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR><TD>January 3, 2006
NEW YORK (AP) -- The minimum salary for players in the major leagues is rising $9,000 this year to $327,000.
The 3.5 percent increase is due to a cost-of-living escalator in baseball's labor contract. The minimum was $300,000 in 2003 and 2004, then rose to $316,000 last year.
The minimum minor league salary for players on 40-man rosters for at least the second year or with at least one day of major league service will increase from $52,600 to $54,500, the commissioner's office said Tuesday.
Baseball's collective bargaining agreement called for the minimum to rise at the same rate as the percentage increase in the Consumer Price Index-Urban Wage Earners and Clerical Workers from November 2004 through November 2005.
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NEW YORK (AP) -- The minimum salary for players in the major leagues is rising $9,000 this year to $327,000.
The 3.5 percent increase is due to a cost-of-living escalator in baseball's labor contract. The minimum was $300,000 in 2003 and 2004, then rose to $316,000 last year.
The minimum minor league salary for players on 40-man rosters for at least the second year or with at least one day of major league service will increase from $52,600 to $54,500, the commissioner's office said Tuesday.
Baseball's collective bargaining agreement called for the minimum to rise at the same rate as the percentage increase in the Consumer Price Index-Urban Wage Earners and Clerical Workers from November 2004 through November 2005.
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