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Yankees owner backs salary cap as labor dispute looms

Summarised from 2 outlets · Updated 22 Oct, 17:58 · Archive

Hal Steinbrenner supports owners' salary cap proposals ahead of expected labour negotiations with players.

Hal Steinbrenner confirmed his support for the owners' salary cap proposals during a postseason press conference. As a member of the owners' labour policy committee, he said he had helped craft the proposals given at the bargaining table and supported them in their entirety.

Steinbrenner expressed optimism that a deal would be reached between owners and players, saying he was "completely focused on the task ahead of us, on the negotiating" and confident of "a deal done that's favorable for both sides".

Players have adamantly opposed a salary cap, describing it as non-negotiable. The owners are expected to lock out the players on 1 December, when the current collective bargaining agreement expires. The dispute comes as the Yankees, with a payroll of $336 million, were the third-largest spender in baseball during the 2026 season, behind the Los Angeles Dodgers and New York Mets.

Yankees owner backs salary cap as labor dispute looms
Image: Fox News

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In this story: Hal Steinbrenner · New York Yankees · Major League Baseball · Los Angeles Dodgers · New York Mets

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