MLB officially proposes salary cap and floor in latest CBA negotiations with players union
Major League Baseball has proposed a salary cap and floor as part of ongoing negotiations with the players' union. The proposed cap is set at $245.3 million and the floor at $171.2 million, with a 50-50 revenue split between clubs and players. The players' union has historically opposed salary caps, making the outcome of these negotiations uncertain.
- ▪The MLB proposed a salary cap of $245.3 million and a floor of $171.2 million.
- ▪Nine teams are projected to exceed the proposed cap, while twelve teams fall below the proposed floor.
- ▪The MLBPA has consistently rejected salary cap proposals in past negotiations.
Opening excerpt (first ~120 words) tap to expand
One day after the Major League Baseball Players Association made its opening proposal in the ongoing negotiations for the next collective bargaining agreement (CBA), the league responded. Most notably, clubs and their owners, as widely expected, have proposed a salary cap beginning in 2027. Specifically, the league is proposing, via ESPN:A salary cap, including benefits expenses, of $245.3 million;A salary floor, also including benefits expenses, of $171.2 million;A 50-50 revenue split between clubs and players;Local revenues would be centralized and also shared equally.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at CBS Sports.
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