Major League Baseball has proposed cutting the salaries of the highest-paid players in baseball, with the lowest-paid players taking lesser cuts from their full prorated shares, in its first economic proposal to the MLB Players Association, sources familiar with the situation told ESPN.
The long-awaited plan, which was delivered to the union Tuesday afternoon, proposes that high-salaried players take significant reductions of what they will be paid during a prospective season, according to sources.
While the size of the pay cuts is unclear, sources said the highest-paid players under the proposal would receive perhaps less than 40% of their full-season salaries.
As word of the proposal spread, players bristled at the notion of taking further pay reductions — particularly ones that would affect the highest-paid players — after a March agreement that they believe guarantees them a full prorated share of their salaries. Under that deal,…