The minimum salary for a MLB player for the 2018 season was predetermined by the players and the owners and announced in the latest collective bargaining agreement or CBL. The latest CBL between the players and owners was agreed on in 2017 and remains in effect until 2021.
After listing the minimum MLB salary for 2018, I've also listed a few other ways a player making the minimum can also make a few bucks as predetermined in the CBL. Most fans should find the other sources of income from MLB interesting.
What is the Minimum Salary for a MLB Player in 2018?
- $545,000
The minimum salary for a major league baseball player or MLB player for the 2018 season is $545,000. For most Americans that is a lot of money for one year.
In fact, the MLB minimum salary for the 2018 season is about 10 times what the average salary of an American worker is this year.
While it is a lot of money for one year's worth of work, the minimum MLB salary pales in comparison to what the average MLB player will make this year.
The highest paid player in major league baseball in 2018 is Mike Trout and he is making over 62 times what the minimum MLB salary is in 2018.
Other Ways Baseball Players Can Make Money in 2018 from MLB
For playing in games taking place outside the United States and Canada to promote baseball in places like Mexico, Asia, the Caribbean, Latin America and London players can earn anywhere from $10,000 to $100,000 extra per player.
For playing on the winning team at the 2018 All-Star Game each player will get $20,000.
For more see:
See How Much Highest Paid MLB Player is Making Per Game in 2018
See MLB Salaries for the 2018 Season
See NFL Salaries for the 2018 Season
What is the Average Salary of a NBA Player for the 2018 Season?
Most Money Won by One Golfer in One Year
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