Major League Baseball’s Minimum Salary
Dec 28th, 2010 by Carlos
I’m a huge baseball fan: I love to watch baseball, play baseball, and think about how my life would be different if I would’ve made it as a pro baseball player.
It would still be a dream of mine to play just one season of pro ball, be it in the minor leagues or an independent league.
Getting a paycheck to play baseball would be one of the greatest things ever.
And after reading that MLB’s minimum salary is getting bumped up to $414,000, I wondered what exactly that would look like when the money arrived in my bank account.
Using the handy paycheck calculator from Paycheckcity.com, I found out. Here is what heaven looks like:
I could still contribute the 10% to my 401(k) that I do today and my take home pay would be a staggering $8,359.
I’d be over the allowable limit in my 401(k)! Which I don’t think I’d need anyway since Major League Baseball has a pretty sweet pension plan.
Granted, I would be on the road half the year, wouldn’t get to see my wife and daughter a ton, and I’d have the pressure of knowing I’m a phone call away from being sent down to the minors.
But still…a guy can dream can’t he?
Image by AlphaTangoBravo
