According to MLB's newest framework, players would earn 37% of their 2020 wages if they play 60 games instead of the regular 162, which means the reduced season will cost them around $2.5 billion of their $4 billion in total income. That money was guaranteed whether or not there was a 2020 season. It can't be redistributed to other players because it's not being paid out as a benefit but rather kept by its recipients for themselves. Players also have the right to challenge any of baseball's rules in an arbitration hearing. If they win they receive another round of hearings until either side agrees to a deal or goes to trial. Since the start of the 2019 season, MLB has held 18 hearings with 12 decisions already made. The majority of these cases involve $1 million or less so far and the average settlement is about $750,000. In four cases where the amount at issue exceeds $3 million, three have been resolved through mediation while one trial is scheduled to begin on August 4th in New York City. It's important to note that although the money lost due to the shortened season is significant, it's only a portion of how much most players make. Most major league players make more than $4 million per year and some are making well over $10 million. Even with the reduced season, many players will still end up making more than what was originally projected.