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Friday, May 17, 2013
MLB Owners Meetings: Pension Plan Discussed
On second and final day of the meetings with Major League Baseball’s 30 owners in New York, the topic of the pension plan for those working for clubs was discussed. The matter, first reported by Adam Rubin of ESPN New York, has been brewing for several years. According to the report, a small market club raised the issue of eliminating some pension plans, despite the league seeing record gross revenues in excess of $8 billion.
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