MLB proposes delaying salary cap until 2028 season

Summarised from 2 outlets · 3 reports · Updated 4 Nov, 13:31 · Archive

Major League Baseball has proposed postponing a salary cap and salary floor until the 2028 season, delaying a key element of negotiations over a new collective bargaining agreement. The proposal calls for a $258.2 million salary cap that no club can exceed and a $180.2 million floor that all clubs must meet.

MLB said the delay would allow clubs sufficient time to adjust their finances. Eight teams, including the Mets and Yankees, would need to reduce payroll under the proposal. The Mets led MLB last season with a $346.7 million payroll, and the Yankees were third at $308.3 million. Twelve teams fell below the proposed $180.2 million floor last season and would need to increase spending by a combined $636 million. The eight teams over the threshold would have to shed $528 million in payroll.

MLB stated that postponing the cap until 2028 would "allow a smoother transition into the scale and floor system without delaying key player benefits". The league argued the proposal would "level the playing field and give more teams the ability to participate in the free agent market".

The Players Association has voiced strong opposition to a salary cap. The current collective bargaining agreement expires on 1 December, and a lockout is expected to follow.

How it is being reported

• MLB owners are back with a new salary cap proposal to shut down sport even after Brewers win World SeriesThe Major League Baseball Players Association rejected MLB's new salary cap proposal as the Brewers' dominant World Series run undercuts owner claims.Fox News · 4 Nov, 11:56
• MLB owners offer up salary cap twist in latest CBA proposalMLB owners are willing to wait an additional year on a key proposed element of the next collective bargaining agreement.New York Post · 3 Nov, 22:19
• Why MLB’s latest salary-cap proposal has major implications for DodgersThe Dodgers were facing a pickle this offseason. MLB's newest CBA proposal might have offered a some important clarityNew York Post · 3 Nov, 20:36

In this story: Major League Baseball · MLB Players Association · Los Angeles Dodgers · New York Mets · New York Yankees

This summary was written by AI from the headlines and standfirsts above, and states as fact only what at least two outlets report. How we use AI · Report a problem · Corrections log