MLBPA Rejects Owners’ Proposal Featuring $245M Salary Cap and Revenue Split

The Economic Framework of the Owners' Proposal

Major League Baseball owners presented the players’ association with an economic proposal on Thursday that includes a $245.3 million salary cap and a $171.2 million floor. The union, led by interim executive director Bruce Meyer, rejected the framework as a form of institutionalized collusion, signaling a contentious path toward the upcoming collective bargaining deadline. The … Read more