On February 14th, the Executive Vice President of Baseball Economics and Operations; Morgan Sword confirmed a memo from the commissioner’s office stating Major League Baseball will be raising the wage increase between 38% and 72% of all minor league players.
Chicago Cubs‘ general manager Jed Hoyer confirmed the wage increase last Tuesday. Hoyer also mentioned the idea was pushed by the owners of the Chicago Cubs, the Ricketts family. Hoyer later stated that the Ricketts are highly motivated as Hoyer said: “they have a tremendous emphasis on our minor league talent.”
This move follows what the Toronto Blue Jays did back in 2019 as they were the first ones to increase the minimum salaries by 50% for their minor leaguers.