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The maximum first-year player salary in the minor leagues is $1,100 per month, a figure regulated by Major League Baseball. After that, annual pay is up to negotiation between player and team. However, minor league players have little leverage in negotiations.
If the player is signed to a Major League contract (not a split contract), he earns his full Major League salary while playing AAA. The current AAA minimum is $2150 per month (and remember, they only get paid for six months of the year). They also receive a $25 per diem when they are on the road (meal money).