Cubs general manager Jed Hoyer and Giants baseball executive Farhan Zaidi confirmed the wage hikes Tuesday.
MLB informed teams on Friday that it would be raising minimum salaries for minor leaguers in 2021, according to a memo obtained by The Associated Press. Those increases, ranging from 38% to 72% depending on the level, mean players will earn from $4,800 in rookie ball to $14,000 at Triple-A.
Hoyer said the Cubs’ pay bumps will take effect this season and will mirror those made by the Blue Jays in 2019, when Toronto became the first club to boost pay by giving all minor leaguers 50% raises. Hoyer said the idea was pushed by the Ricketts family, which owns the Cubs franchise.
“They obviously had read about all the teams talking about changing it,” Hoyer said. “They read about the Blue Jays, and they’re like, ‘We need to do this.’ We put a tremendous emphasis on player development. We put a tremendous emphasis on our minor league talent, and the Ricketts family were pretty adamant that we treat…