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MLB Proposes Hard Salary Cap as Part of Next CBA
As expected, Major League Baseball proposed a hard salary cap to union officials on Thursday as part of the next Collective Bargaining Agreement, sources told Jesse Rogers of ESPN. The salary floor for teams, starting in 2027, would be set at $171.2 million, which includes player benefits, with the ceiling at $245.3 million. The MLB Players Association made its first formal proposal to the league on Wednesday, opening negotiations without the mention of a salary cap. Some of the things the players proposed included sharing more local TV revenue, a "competitive-integrity tax" for low-spending teams, a raise of the base competitive balance tax from $244 million to $300 million, and nearly doubling minimum salaries. Instituting a salary cap has been the next logical move for the league going into the next CBA, and they are also expected to eventually propose a hard salary floor as well for the first time in more than three decades. The league hasn't proposed a hard salary cap system since negotiations led to the 1994-95 players' strike. The union is clearly against any capped system, which will surely lead to contentious negotiations this winter and into early next year.
Source: ESPN Chicago - Jesse Rogers
Source: ESPN Chicago - Jesse Rogers
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