Bloomberg Law
Feb. 6, 2020, 4:00 PM

Major League Soccer Players Get Pay Bump, Media Sharing in Pact

John J. Edwards III
John J. Edwards III
Bloomberg News

Major League Soccer, the U.S. professional league that’s rapidly gaining clout in the sports world, will give its players higher salaries and a share of its next media-rights deal in a new collective bargaining agreement.

Each MLS club’s player-spending budget will rise to $11.6 million by 2024 from $8.5 million in 2019, the league said on Thursday. The pact also calls for a higher minimum annual salary for senior roster players and increased retirement benefits.

The Seattle Sounders play Toronto FC during the MLS Cup Final on Nov. 10.
Photographer: Christopher Mast/Icon Sportswire via Getty Images

Players will get a share of the revenue from the league’s media-rights deals for 2023 and 2024, after the existing partnerships expire at ...