MLB contracts giveth, and they certainly taketh away. In the case of Yankees star Gerrit Cole, solidarity during this lockout might become difficult as his paychecks start getting stopped at the door by security.
Sure, we all say we’d be willing to give up anything if it meant fighting for what we believe in. But that doesn’t mean there isn’t significant financial incentive — on both sides — to get a deal done, and quickly.
Forget reputational harm for a second.
Because this lockout is coming for your wallet, whether you’re a Steinbrenner or a Scherzer.
MLB’s highest-paid players are leading the negotiations, from Mad Max to Gerrit, but when the regular season begins, missing paychecks finally becomes an issue after an offseason’s worth of sitting around without income.
If the MLB season does not begin as scheduled, ownership will lose their precious gate receipts and television revenue. Players at the fringes might lose their chance to impress top brass. And baseball’s highest-paid stars, currently risking a hell of a lot to bargain for the little guys, will lose a fat chunk of cash every single day.
Yankees ace Gerrit Cole would lose almost $200,000 per day of missed games
Is Gerrit Cole wealthy? Hell yeah!
Does Gerrit Cole want to lose $193,000 per day? Not particularly!
Renewed optimism in the MLB landscape right now mostly comes from both the looming deadline (when the best work always gets done) and the urgency both sides likely feel to protect what’s theirs.
Judging by last season’s salaries, the New York Post calculated a total daily loss of $20.5 million for every day of the regular season that gets axed. For players making the minimum salary, under the union’s new proposal, it would be $4,167 gone every single day — which is an awful lot for players who are already fighting for relative scraps to simply wave goodbye to.
We’re not asking for pity for Cole, Scherzer, or any of the Yankees whose salaries you’ve watched and scoffed at these past several years.
We’re just hoping that staring the immensity of that loss in the face, as well as the requisite owner panic, moves this train further down the tracks in time for everything to get settled next week.