MLB owners propose first salary cap since 1994 strike-$245M cap could disrupt 2027 season
Major League Baseball owners have formally proposed a salary cap for the first time since the 1994-95 strike, triggering a potential labor crisis that could derail the 2027 season and beyond. On Thursday, May 29, 2026, MLB owners unveiled a seven-year proposal that would cap team payrolls at $245.3 million in 2027—including benefits and pre-arbitration … Read more