Latest Athlete compensation News

Giants, top pick C Bailey agree to $3.8M signing bonus

Jul. 1, 2020 6:09 PM EDT

SAN FRANCISCO (AP) — Catcher Patrick Bailey, the 13th overall pick in last month's amateur draft, has agreed to a minor league contract with the San Francisco Giants that includes a $3.8 million signing bonus. The 21-year-old hit .296 with six homers, including three grand slams, and 20 RBIs in 17 games in...

University of Mississippi Vice Chancellor for Intercollegiate Athletics Keith Carter, left, talks with Southeastern Conference Commissioner Greg Sankey, right, before they testify at a Senate Commerce Committee hearing on Capitol Hill in Washington, Wednesday, July 1, 2020. The hearing is looking at the National Collegiate Athletic Association Board of Governors' recent report on student-athlete compensation and the modernization of rules related to name, image, and likeness (NIL) commercialization. (AP Photo/Susan Walsh)

SEC's Sankey: Federal NIL law needed for fair competition

Jul. 1, 2020 4:45 PM EDT

Southeastern Conference Commissioner Greg Sankey told a U.S. Senate committee Wednesday there needs to be a uniform federal law to regulate the compensation of college athletes instead of a series of state versions with differing requirements. Sankey was part of a panel discussing the potential impact of...

FILE- In this March 3, 2020, file photo, Houston Astros pitcher Jared Hughes throws to a St. Louis Cardinals batter during the third inning of a spring training baseball game in Jupiter, Fla. The sinkerballing reliever and the Mets agreed Tuesday, June 30, 2020, to a $700,000, one-year contract, a deal that amounts to $259,259 in prorated pay over the 60-game season. (AP Photo/Julio Cortez, File)

Sinkerballer Jared Hughes agrees to 1-year deal with Mets

Jun. 30, 2020 9:25 PM EDT

NEW YORK (AP) — Sinkerballing reliever Jared Hughes and the New York Mets agreed Tuesday to a $700,000, one-year contract, a deal that amounts to $259,259 in prorated pay over the 60-game season. Hughes can earn an additional $300,000 for days on the active roster: $50,000 each for 10 and 30, and $100,000...

In this Feb. 18, 2020 photo Arizona State infielder Spencer Torkelson makes a play during an NCAA college baseball game in Phoenix, Ariz. The Detroit Tigers agreed to terms Tuesday, June 30, 2020 with No. 1 overall draft pick Spencer Torkelson, and the team said he's joining the player pool for this abbreviated season. (AP Photo/Rick Scuteri)

Tigers give $8.4M deal to Torkelson, who joins player pool

Jun. 30, 2020 9:15 PM EDT

DETROIT (AP) — No. 1 overall draft pick Spencer Torkelson and the Detroit Tigers agreed to a minor league contract on Tuesday, and the team said the infielder will join its player pool for this abbreviated season. Torkelson's deal includes an $8,416,300 is a signing bonus, which is $1,000 above slot value,...

Orioles sign MLB second overall pick, Arkansas OF Kjerstad

Jun. 30, 2020 2:11 PM EDT

BALTIMORE (AP) — Outfielder Heston Kjerstad agreed to a minor league contract with the Baltimore Orioles that includes a $5.2 million signing bonus, well below the slot value of $7,789,900 assigned to the No. 2 overall pick. “Just the beginning of a new journey! Excited to be an Oriole!" Kjerstad...

FILE - In a  Monday, March 2, 2020 file photo, Washington Nationals pitcher Joe Ross throws during the first inning of a spring training baseball game against the Miami Marlins, in West Palm Beach, Fla. Longtime infielder Ryan Zimmerman and pitcher Joe Ross are opting out of playing the 2020 season as Major League Baseball tries to get back amid the COVID-19 pandemic. General manager Mike Rizzo says the team is 100% supportive of Zimmerman and Ross deciding not to play.(AP Photo/Jeff Roberson, File)

Roster shuffle: Plans change in MLB because of health issues

Jun. 29, 2020 11:27 PM EDT

PHOENIX (AP) — A small group of players, including Nationals slugger Ryan Zimmerman and Rockies outfielder Ian Desmond, have announced they plan to sit out this season. The Minnesota Twins have shuffled their on-field staff to protect the health of some of their older coaches. As the sport lurches toward...

A's top draft pick Tyler Soderstrom gets $3.3M signing bonus

Jun. 29, 2020 7:45 PM EDT

OAKLAND, Calif. (AP) — Left-handed hitting catcher Tyler Soderstrom, selected 26th by the Oakland Athletics in the amateur draft, has agreed to a minor league contract with a $3.3 million signing bonus. Sodorstrom's deal was above the slot value of $2,653,400. Oakland also announced Monday that it...

FILE - In this Tuesday, March 10, 2020, file photo, Washington Nationals' Ryan Zimmerman waits for a pitch from Miami Marlins pitcher Caleb Smith during the first inning of a spring training baseball game, in Jupiter, Fla.  Longtime infielder Ryan Zimmerman and pitcher Joe Ross are opting out of playing the 2020 season as Major League Baseball tries to get back amid the COVID-19 pandemic. General manager Mike Rizzo says the team is 100% supportive of Zimmerman and Ross deciding not to play. (AP Photo/Julio Cortez, File)

Nationals' Zimmerman and Ross opting out of MLB season

Jun. 29, 2020 5:48 PM EDT

The Washington Nationals will try to defend their World Series title without at least two holdovers from last year's team, including one of the faces of the franchise. Longtime infielder Ryan Zimmerman and pitcher Joe Ross elected not to play this season, the team announced Monday. Amid the COVID-19 pandemic,...

FILE - In this March 4, 2019, file photo, Atlanta Braves' Grant Dayton pitches against the Houston Astros in the sixth inning of a spring baseball exhibition game in Kissimmee, Fla. Dayton is excited to driving north for the resumption of spring training with the Braves. He knows he will not be getting any more salary.

No paychecks for 11 big leaguers: advance larger than salary

Jun. 26, 2020 9:20 PM EDT

NEW YORK (AP) — Grant Dayton will notice one glaring absence this season after he reports to the Atlanta Braves: his twice-a-month salary. He is among 11 major leaguers whose prorated pay for the abbreviated 60-game season amounts to less than the $286,500 advance already received by the 32-year-old...

Catcher Austin Wells agrees to $2.5M bonus with Yankees

Jun. 26, 2020 7:56 PM EDT

NEW YORK (AP) — Catcher Austin Wells has agreed to a minor league contract that includes a $2.5 million signing bonus after the New York Yankees selected him 28th overall in the amateur draft. The Yankees also announced Friday they had released Chad Bettis from his minor league deal after the veteran...