Clyde Posted July 14, 2016 Share Posted July 14, 2016 I don't know what his contract reads out like, but this is great for him financially, potentially. He is locked in to the prorated league minimum for the rest of the year, even if he is sent back down. Good pay for the next 4 months. That is if he isn't making more than that already. He made about $2k last year prior to his call-up. Rays put him on the 40-man which , I think, means his minimum minor league salary is about $40k. He'll make about $230k if he's fortunate enough to stay up the rest of the season. Good gig if you can get it. Link to comment Share on other sites More sharing options...
mexitucky Posted July 14, 2016 Share Posted July 14, 2016 He made about $2k last year prior to his call-up. Rays put him on the 40-man which , I think, means his minimum minor league salary is about $40k. He'll make about $230k if he's fortunate enough to stay up the rest of the season. Good gig if you can get it. The way Chris Sabo explained it us in our Labor Law class was that once you get called up, you are paid the MLB minimum regardless of whether you stick or not. Now I don't know if the current Collective Bargaining Agreement still has that. I can't imagine that the Player's Union would have let that fall out Link to comment Share on other sites More sharing options...
nkuclubbaseball19 Posted July 15, 2016 Share Posted July 15, 2016 The way Chris Sabo explained it us in our Labor Law class was that once you get called up, you are paid the MLB minimum regardless of whether you stick or not. Now I don't know if the current Collective Bargaining Agreement still has that. I can't imagine that the Player's Union would have let that fall out I have heard that to be the case as well. And with his call up last year I believe he qualified for lifetime health coverage from the MLB (just one day of service qualifies you). Also, once he reaches 43 days of service time, he gets an annual pension plan. Link to comment Share on other sites More sharing options...
Clyde Posted July 15, 2016 Share Posted July 15, 2016 He made about $2k last year prior to his call-up. Rays put him on the 40-man which , I think, means his minimum minor league salary is about $40k. He'll make about $230k if he's fortunate enough to stay up the rest of the season. Good gig if you can get it. One correction: Since he has MLB service days the minimum minor league salary is $82k. Link to comment Share on other sites More sharing options...
Clyde Posted July 15, 2016 Share Posted July 15, 2016 I have heard that to be the case as well. And with his call up last year I believe he qualified for lifetime health coverage from the MLB (just one day of service qualifies you). Also, once he reaches 43 days of service time, he gets an annual pension plan. It takes 10 years of MLB service time to warrant a full pension at age 66. Link to comment Share on other sites More sharing options...
nkuclubbaseball19 Posted July 15, 2016 Share Posted July 15, 2016 It takes 10 years of MLB service time to warrant a full pension at age 66. 10 years for the full pension yes (I believe it's $100k annually) 43 days to earn the minimum pension ($34k annually) Link to comment Share on other sites More sharing options...
Clyde Posted July 15, 2016 Share Posted July 15, 2016 10 years for the full pension yes (I believe it's $100k annually) 43 days to earn the minimum pension ($34k annually) My guess is Luke has about 30 days thus far. Link to comment Share on other sites More sharing options...
Colonels_Wear_Blue Posted July 15, 2016 Share Posted July 15, 2016 Link to comment Share on other sites More sharing options...
Clyde Posted July 15, 2016 Share Posted July 15, 2016 GM making it sound like Luke will be the primary catcher for a while. Link to comment Share on other sites More sharing options...
nkuclubbaseball19 Posted July 15, 2016 Share Posted July 15, 2016 GM making it sound like Luke will be the primary catcher for a while. Awesome news! Link to comment Share on other sites More sharing options...
StickerMann Posted July 16, 2016 Share Posted July 16, 2016 Luke off to a 2-2 start with an RBI for the Rays tonight!! Link to comment Share on other sites More sharing options...
Clyde Posted July 16, 2016 Share Posted July 16, 2016 Luke off to a 2-2 start with an RBI for the Rays tonight!! I was hoping I could buy a single game on MLB TV but .... Thrilled for Luke. Link to comment Share on other sites More sharing options...
Clyde Posted July 16, 2016 Share Posted July 16, 2016 ... Link to comment Share on other sites More sharing options...
Clyde Posted July 16, 2016 Share Posted July 16, 2016 ....... Link to comment Share on other sites More sharing options...
Clyde Posted July 16, 2016 Share Posted July 16, 2016 Luke doubled in his first AB tonite. Link to comment Share on other sites More sharing options...
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