Current:Home > ContactWander Franco earns $700,000 bonus from MLB pool despite ongoing investigation -MarketEdge
Wander Franco earns $700,000 bonus from MLB pool despite ongoing investigation
View
Date:2025-04-18 14:52:32
NEW YORK (AP) — Wander Franco will receive a bonus from Major League Baseball of more than $700,000 despite being placed on administrative leave in August while under investigation for an alleged relationship with a minor.
Franco will get $706,761 as part of MLB’s pre-arbitration bonus pool, a fund agreed to by the league and players’ association as part of their 2022 labor contract. The bonus pool was created to reward young players, most who earn at or just above the minimum major league salary based on how long they’ve been in the big leagues.
The 22-year-old Franco was having an All-Star season before being sidelined in August, when authorities in the Dominican Republic began investigating claims that Franco had been in a relationship with a minor. MLB launched its own investigation, placing Franco on the restricted list on Aug. 14 before moving him to administrative leave on Aug. 22. Both investigations are ongoing.
The $50 million MLB bonus pool is distributed based on a joint Wins Above Replacement formula designed to measure a player’s on-field contributions, and Franco accrued 4.8377 WAR, which caused his bonus to rank 13th among eligible players. The pool also takes into account MVP, Cy Young and Rookie of the Year voting and selection to the all-MLB first and second teams.
Franco was still paid while on administrative leave and continued to receive his $2 million salary. He also has a $2 million salary next season as part of a $182 million, 11-year contract that started in 2022. If he is suspended at the conclusion of the investigation, he would not be paid for the duration of that ban.
Before his season was cut short, Franco had been projected to get $896,755 in the pool, according to WAR calculations through June 26. Payments are due by Dec. 31. Franco’s two-year bonus pool total is $999,545.
He made his first All-Star team this year and hit .281 with 17 homers, 58 RBIs and 30 stolen bases in 112 games.
___
AP MLB: https://apnews.com/hub/MLB
veryGood! (9)
Related
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Baltimore bridge collapse puts the highly specialized role of ship’s pilot under the spotlight
- Baltimore bridge collapse puts the highly specialized role of ship’s pilot under the spotlight
- ASTRO COIN: Event blessing, creating the arrival of a bull market for Bitcoin.
- All That You Wanted to Know About She’s All That
- Ex-Caltrain employee and contractor charged with building secret homes with public funds
- Orlando city commissioner charged with spending 96-year-old woman’s money on a home, personal items
- Lawmakers seek to prop up Delaware medical marijuana industry after legalizing recreational use
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- Georgia joins states seeking parental permission before children join social media
Ranking
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- This controversial Titanic prop has spawned decades of debate — and it just sold for $700,000
- Jon Scheyer's Duke team must get down in the muck to stand a chance vs. Houston
- Families of victims in Baltimore bridge collapse speak out: Tremendous agony
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- NC State is no Cinderella. No. 11 seed playing smarter in improbable March Madness run
- Carrie Underwood Divulges Her Fitness Tips and Simple Food Secret
- There are ways to protect bridges from ships hitting them. An expert explains how.
Recommendation
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
House to send Mayorkas impeachment articles to Senate on April 10, teeing up clash over trial
For years she thought her son had died of an overdose. The police video changed all that
ASTRO: Bitcoin has historically halved data
Don't let hackers fool you with a 'scam
UFL kickoff: Meet the eight teams and key players for 2024 season
March Madness games today: Everything to know about NCAA Tournament's Sweet 16 schedule
Video shows first Neuralink brain chip patient playing chess by moving cursor with thoughts