Does the MLB Players Association place a limit on the percentage an agent can get from negotiating a player's salary?

The MLBPA | Major League Baseball players Association has over 300 certified agents on record. To become a certified agent; "after a player on a 40-man roster has designated an agent as his representative, the agent must apply for certification by the MLBPA. Agents who have been designated by a 40-man roster player and who are not yet certified should call Rebecca Rivera at (212) 826-0808 for further information."

The following is a direct quote from the MLB | Major League Baseball online site. There you can also find ansers to other frequently asked questions. "Just as the Association endorses a free market system for its players in negotiating contracts with Club owners, the agent fee is negotiated freely between the player and his agent.

The only stipulation is that the agent cannot charge a fee unless the player's salary negotiated exceeds the Major League minimum (currently $400,000). If the salary negotiated does exceed the minimum, any fee charged may not, when subtracted from the salary negotiated, produce a net salary to the player below or equal to the minimum salary. Bonuses constitute salary only if earned.

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