MLS minimum salary rises to $40,000

BY foxsports • March 23, 2010

Major League Soccer's minimum salary for senior players will rise to $40,000 this season.

The developmental minimum will go up to $31,250.

The contract terms were obtained by The Associated Press on Tuesday.

Last year, 40 players among 323 listed by the MLS Players Union at the start of the season made the $34,000 minimum and 12 more made the developmental minimum of $20,100.

The senior salary will increase 5 percent annually.

As part of the deal, each team's salary budget will rise from $2.3 million last year to more than $2.5 million this season, then increase 5 percent a year.

Players who are at least 24 and have three or more years of MLS service will have guaranteed contracts.

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