Current:Home > NewsWander Franco earns $700,000 bonus from MLB pool despite ongoing investigation -FinanceMind
Wander Franco earns $700,000 bonus from MLB pool despite ongoing investigation
Poinbank Exchange View
Date:2025-04-07 21:39:39
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! (524)
Related
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Why is ABC not working on DirecTV? Channel dropped before LSU-USC amid Disney dispute
- Cam McCormick, in his ninth college football season, scores TD in Miami's opener
- Space tourist calls Blue Origin launch 'an incredible experience': Watch the liftoff
- 'Most Whopper
- Great Value Apple Juice recalled over arsenic: FDA, Walmart, manufacturer issue statements
- How Brooke Shields, Gwyneth Paltrow and More Stars Are Handling Dropping Their Kids Off at College
- Suspect, 15, arrested in shooting near Ohio high school that killed 1 teen, wounded 4
- 2 killed, 3 injured in shooting at makeshift club in Houston
- Inside Zendaya and Tom Holland's Marvelous Love Story
Ranking
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Defending champion Coco Gauff loses in the U.S. Open’s fourth round to Emma Navarro
- Slash's stepdaughter Lucy-Bleu Knight, 25, cause of death revealed
- After an Atlantic hurricane season pause, are the tropics starting to stir?
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- College football schedule today: Games, scores for Saturday's Week 1 top 25 teams
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Last Try
- Johnny Gaudreau's widow posts moving tribute: 'We are going to make you proud'
Recommendation
Trump issues order to ban transgender troops from serving openly in the military
Arlington cemetery controversy shines spotlight on Utah Gov. Spencer Cox’s sudden embrace of Trump
Is Usha Vance’s Hindu identity an asset or a liability to the Trump-Vance campaign?
US wheelchair rugby team gets redemption, earns spot in gold-medal game
Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
Race for Alaska’s lone US House seat narrows to final candidates
Chocolate’s future could hinge on success of growing cocoa not just in the tropics, but in the lab
Klamath River flows free after the last dams come down, leaving land to tribes and salmon