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Yeah as someone that is absolutely thrilled with a maybe 3k bonus at the end of the year, i cant even fathom the thought that 20k-40k isnt worth possibly playing an extra month of a sport.
Thing is...it's really not an extra month. It's one more round -- maybe an extra week/week and a half, tops.
Right now, you have 10 teams. 4 play a first-round play-in game, winners advance, so then you're down to eight for the LDS, LCS, and WS. 16 teams would mean that every team would play in that first round. I suspect it wouldn't have been just one game, but it could have been a 3, 5, or (unlikely) 7 game series. But after that one round, you're already down to 8 teams and you're slotted right back into the LDS, LCS, and WS.
So for that one extra round of games, the owners were offering an extra $25M - which is as much as the players are going to make in the next three rounds combined. In the context of what MLB players usually make for the playoffs, that's a good deal. And it is still better than what players in other sports receive even in a normal year.
I just can't figure out why they didn't even counter on expanded playoffs for this season unless they truly didn't want to play them regardless of the money..