1,000,000 (one million), or one thousand thousand, is the natural number following 999,999 and preceding 1,000,001. The word is derived from the early Italian millione (milione in modern Italian), from mille, thousand, plus the augmentative suffix -one.
While the minimum salary in Major League Baseball is $500,000, many minor league players earn less than the federal poverty level, which is $11,490 for a single person and $23,550 for a family of fourâ¦. The three players suing baseball also stress that minor league salaries have effectively declined in recent decades.
Major League Baseball players make bank, as the kids say. The Associated Press did some figuring, and reported Tuesday that the average annual MLB salary in 2014 will surpass $4 million â a princely sum, and also a record. In 1976 when free agency began, the average salary was about $50,000, or roughly $206,000 in today's dollars when measuring against the consumer price index.