MLB Players Association Rejects New Salary Cap Proposal

4 minutes ago

MLB Players Association Rejects New Salary Cap Proposal

The owners proposed a strict cap of $245.3 million and a payroll floor of $171.2 million, planning a 50-50 revenue split similar to the NFL, NBA, and NHL. The union pushed back, with the players arguing that the proposal would add an NBA-style escrow system, weakening guaranteed contracts. The MLBPA also raised concerns over an immediate $500 million pay cut.

By Ankit Sharma

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