A bit of a rambling post that might be interesting to learn more about…
Prior to digging a little more, For me (the average fan), the perception is all MLB players are rolling in dough. The reality, as I quickly learned and scratched my head, is that MLB is very complex when it comes to salary and it takes a long time to even break into the big bucks. Everyone will have their own definition of biggish bucks, but for me it is somewhere north of an average 2 mil per year on a 4-5 year contract. That’s still not a lot of money if you take the average time it takes most players to reach that level of contract.
The question is, does anyone have a quick way to summarize how the usual player goes through the process and what all these abbreviations mean and when/how they happen? Like ARB levels. I’m just curious and just expanding my understanding.