Actually, the owners' offer is even worse than I thought. They are not guaranteeing 75% of the players' salaries. Per the linked article, and if my math is correct, they're only guaranteeing 52%! The remaining 23% is only payable if the playoffs are played. Apparently the owners are concerned that a second COVID-19 wave might force a cancellation of the playoffs.From a financial standpoint, there is very little incentive for the players to accept this offer. The owners are asking them to play 76 games and get paid for 57 (75% of 76). Or they can hold fast and have Manfred decree that they play 50 games and get paid for 50.
So at the margin, the owners are proposing that the players play an additional 26 games, and get paid for exactly seven of them.
If your boss offered you that deal, would you take it?
So under this proposal, if the players completed a 76 game season and then the playoffs were cancelled, the players would be making significantly less than if they defaulted to the 50 game season.
No sane person would agree to this.
https://www.espn.com/mlb/story/_/id/29282308/source-new-mlb-proposal-union-76-games