MLB owners counter players' union's proposal with salary cap for first time since 1994-95 strike
MLB owners have proposed a salary cap for the first time since the 1994-95 strike, countering the players' union's proposal. The owners' plan includes a $245.3 million salary cap and a $171.2 million payroll floor. The players' union has expressed strong opposition to the idea of a salary cap.
- ▪The collective bargaining agreement between the MLB Players’ Association and the league’s owners is set to expire this December.
- ▪The owners' proposal includes a phase-in schedule for teams that currently exceed the proposed salary cap.
- ▪Teams like the Miami Marlins and Cleveland Guardians would need to increase their payrolls to meet the proposed floor.
Opening excerpt (first ~120 words) tap to expand
MLB MLB owners counter players' union's proposal with salary cap for first time since 1994-95 strike As CBA talks begin, owners have a number they want to cap the salary at, while also including a $171.2M payroll floor By Scott Thompson Fox News Published May 28, 2026 5:49pm EDT Facebook Twitter Threads Flipboard Comments Print Email Add Fox News on Google close Video Todd Ricketts Is Optimistic About Baseball In 2027 | Don't @ Me w/Dan Dakich Cubs owner Todd Ricketts tells Dan Dakich that he is optimistic about baseball next year & explains what the league needs to implement in order to avoid a strike.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Fox News — Latest.