MLB’s salary-cap proposal revealed — why Mets, Yankees would have to shed a ton of money
Major League Baseball owners have proposed a hard salary cap to the players' union, which would significantly impact high-spending teams like the Mets and Yankees. The proposed cap would require teams to maintain payrolls between $171.2 million and $245.3 million starting in 2027. The MLB Players Association has criticized the proposal, arguing it would suppress player earnings and harm competition.
- ▪MLB owners proposed a hard salary cap for the first time since the 1994 strike.
- ▪The proposed salary cap would require teams to maintain payrolls between $171.2 million and $245.3 million.
- ▪The Mets and Yankees would need to cut significant payrolls to comply with the new cap.
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MLB MLB’s salary-cap proposal revealed — why Mets, Yankees would have to shed a ton of money By Mark Suleymanov Published May 28, 2026, 5:55 p.m. ET See more of our coverage in your search results. Add The New York Post on Google Major League Baseball owners proposed a hard salary cap to the players’ union during a Thursday meeting — and New York’s high-priced teams would feel the brunt of it. The proposal, the first explicit salary cap push since the 1994 strike, would require every MLB team to maintain a payroll between $171.2 million and $245.3 million beginning in 2027, ESPN reported. The plan also includes a 50/50 split of league revenue between players and owners, allowing for future increases to both the floor and cap.
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