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Report: MLB veteran players to receive $4,775 daily in first 60 days of the season

The Associated Press is reporting that veteran Major League Baseball players will earn $286,500 each during the first 60 days of postponed season.

CLEVELAND — Major League Baseball has delayed the start of the 2020 regular season until at least mid-May due to the ongoing coronavirus crisis. Despite the stoppage, MLB will reportedly still pay its players.

According to a report from the Associated Press, MLB veteran players will receive $4,775 per day in advance pay for the first 60 days of the scheduled season. A total of $286,500 for each veteran player over that time period.

The AP report identifies veteran players like Los Angeles Angels slugger Mike Trout and New York Yankees pitcher Gerrit Cole as players that will receive the reported $4,775 per day. 

The exclusive report also points out that players with less service-time will still receive smaller amounts such as $16,500, $30,000 or $60,000, depending on their contract. 

According to the same report, the MLB Players Association said players with straight salaries had the option to hold off on advance payments, but none did in order to simplify the process.

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