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Veteran salaries dropping

NEW YORK — Neil Walker’s salary dropped from $17.2 million to $2 million in two years. Greg Holland was cut from $14 million to $2 million this season. Daniel Murphy fell from $17.5 million to $10 million.

While Manny Machado agreed to a pending $300 million, 10-year contract with San Diego and Bryce Harper is likely to top Giancarlo Stanton’s record $325 million, 13-year deal, many less-than-superstar veterans have been routed on the free-agent market.

Players want change, and management could be open to negotiations for alterations to the collective bargaining agreement as part of an extension of the current deal, set to expire in December 2021.

“It’s really clear there’s been a redistribution of how clubs are looking at veteran players,” agent Scott Boras said Wednesday. “We have a clear problem in the industry of a non-competitive cancer. Like any patient with a malady, we have to address it immediately. Otherwise it is going to get worse.”

Of the 111 announced agreements among the 164 players who exercised their free-agency rights after the World Series, 36 were for minor league contracts and 26 were one-year deals for less than last year’s average salary of just over $4 million.

In all, 46 players got one-year contracts, 19 two-year deals and seven three-year agreements. Just three longer contracts for free agents have been announced: left-hander Patrick Corbin’s $140 million, six-year deal with Washington, outfielder A.J. Pollock’s $60 million, five-year contract with the Los Angeles Dodgers and pitcher Nathan Eovaldi’s $68 million, four-year package with Boston.

Clubs are replacing veterans with younger players earning at or near the $555,000 minimum who lack the roughly 2 2/3 years of major league service needed for salary arbitration eligibility.

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