Correct. And they might have to "settle for" the league minimum salary, which is $300,000. I wish I were able to "settle for" that paltry sum my first year in my business. I have no idea how they could possibly hope to feed their family on a paltry $300,000 a year. With regard to the 21 year old Rafael Devers, how much money is he going to make this year? And how much money will he likely make in future years-despite the inability to sign with whatever team he chooses for a while? Yes, baseball is a monopoly of sorts. But its not only good for the owners (who have every right to make whatever rules suit them), but its also very very good for those fortunate enough to have the talent to play the game well. Its when guys like JD Martinez hold out for an outrageous amount of money far exceeding their worth that fans like me get cynical about the level of pervasive greed among some of these guys.
Its a trade off: lack of mobility within your chosen profession in exchange for outrageous amounts of money to PLAY A GAME for a living.