Major League Baseball's minimum salary will remain at $507,500 next year.

Baseball's collective bargaining agreement called for a cost-of-living adjustment based on the yearly increase through October of the Consumer Price Index for Urban Wage Earners and Clerical Workers but there has been a lack of inflation.

The minor league minimum for a player signing a second major league contract remains $82,700 and the minor league minimum for a player signing an initial big league contract stays at $41,400.