Current:Home > MarketsChainkeen Exchange-Wander Franco earns $700,000 bonus from MLB pool despite ongoing investigation -WealthMap Solutions
Chainkeen Exchange-Wander Franco earns $700,000 bonus from MLB pool despite ongoing investigation
Burley Garcia View
Date:2025-04-10 18:02:07
NEW YORK (AP) — Wander Franco will receive a bonus from Major League Baseball of more than $700,Chainkeen Exchange000 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! (25)
Related
- Grammy nominee Teddy Swims on love, growth and embracing change
- Former US Rep. William Delahunt of Massachusetts has died at age 82
- Gambler hits three jackpots in three hours at Caesars Palace
- Here and meow: Why being a cat lady is now cool (Just ask Taylor)
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- Brittany Mahomes Appears Makeup-Free as She Holds Both Kids Sterling and Bronze in Sweet Photo
- In setback to Turkey’s Erdogan, opposition makes huge gains in local election
- Denny Hamlin wins NASCAR Cup Series' Toyota Owners 400 at Richmond after late caution flag
- What do we know about the mysterious drones reported flying over New Jersey?
- Pope Francis washes feet of 12 women at Rome prison from his wheelchair
Ranking
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Kansas lawmakers race to solve big fiscal issues before their spring break
- A woman, 19, is killed and 4 other people are wounded in a Chicago shooting early Sunday
- Chance Perdomo, 'Gen V' and 'Sabrina' star, dies at 27: 'An incredibly talented performer'
- Tom Holland's New Venture Revealed
- Transgender Day of Visibility: The day explained, what it means for the trans community
- This week on Sunday Morning (March 31)
- What U.S. consumers should know about the health supplement linked to 5 deaths in Japan
Recommendation
US wholesale inflation accelerated in November in sign that some price pressures remain elevated
LSU's Kim Mulkey's controversial coaching style detailed in Washington Post story
Traffic moving again on California’s scenic Highway 1 after lane collapsed during drenching storm
Plan to watch the April 2024 total solar eclipse? Scientists need your help.
Former Danish minister for Greenland discusses Trump's push to acquire island
A Power Line Debate Pits Environmental Allies Against Each Other in the Upper Midwest
States move to shore up voting rights protections after courts erode federal safeguards
Everything's Bigger: See the Texas Rangers' World Series rings by Jason of Beverly Hills