Current:Home > ScamsWander Franco earns $700,000 bonus from MLB pool despite ongoing investigation -WealthTrail Solutions
Wander Franco earns $700,000 bonus from MLB pool despite ongoing investigation
View
Date:2025-04-14 07:44:28
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! (53782)
Related
- Clay Aiken's son Parker, 15, makes his TV debut, looks like his father's twin
- Powerball winning numbers for Nov. 22 drawing: Check your tickets for $313 million jackpot
- Too many schools are underperforming, top New Mexico education official says
- What’s streaming now: ‘Oppenheimer,’ Adam Sandler as a lizard and celebs dancing to Taylor Swift
- Senate begins final push to expand Social Security benefits for millions of people
- How making jewelry got me out of my creative rut
- Papa John's to pay $175,000 to settle discrimination claim from blind former worker
- NBA investigating Thunder guard Josh Giddey for allegations involving a minor
- The Daily Money: Disney+ wants your dollars
- Canada, EU agree to new partnerships as Trudeau welcomes European leaders
Ranking
- How breaking emerged from battles in the burning Bronx to the Paris Olympics stage
- An Israeli-owned ship was targeted in suspected Iranian attack in Indian Ocean, US official tells AP
- Putin’s first prime minister and later his opponent has been added to Russia’s ‘foreign agent’ list
- Germany’s economy shrank, and it’s facing a spending crisis that’s spreading more gloom
- American news website Axios laying off dozens of employees
- Cleanup, air monitoring underway at Kentucky train derailment site
- Fashion photographer Terry Richardson accused of sexual assault in new lawsuit
- No. 7 Texas secures Big 12 title game appearance by crushing Texas Tech
Recommendation
Bet365 ordered to refund $519K to customers who it paid less than they were entitled on sports bets
Happy Thanksgiving with Adam Savage, Jane Curtin, and more!
Inside the Kardashian-Jenner Family Thanksgiving Celebration
Jets vs. Dolphins Black Friday game score, highlights: Dolphins destroy Jets in Week 12
Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
This designer made the bodysuit Beyoncé wears in 'Renaissance' film poster
Paris Hilton shares why she is thankful on Thanksgiving: a baby girl
The eight best college football games to watch in Week 13 starts with Ohio State-Michigan