Memorandum: The QPAM Exemption and QPAM-Sponsored Plans. June 4, 2013. Introduction. This alert is directed at our clients and friends whose 401(k) or defined benefit plans (Plans) are invested in private investment funds that are subject to ERISA and that they also manage.
Most came into the Majors after having worked from eight to 12 years on the average in the Minor Leagues for wages far below what they can earn in The Show. A Major League umpire's starting salary is around $120,000, with the senior umps earning up to $350,000. That may sound like a lot for what seems to be six months' work, but the umpire's season is considerably longer than that with Spring Training, All-Star Games and postseason play added into the mix.
The Double-A leagues pay umpires $2,300 to $2,700 per month, while Class A full-season leagues pay $2,000 to $2,400 monthly. The lowest levels of Minor League Baseball, the Class A short-season and Rookie leagues, play only in the summer months and pay umpires $1,900 to $2,100 monthly.