MLB owners propose salary cap for first time since 1994-95 strike, threatening 2027 season
By
The Associated Press
Toasted just enough. A reliable bake, gently seasoned.
Summary
Major League Baseball owners have proposed a salary cap for the first time since the 1994-95 strike, setting a $245.3 million spending limit for 2027. The players' association has vowed never to accept a salary cap, and this proposal threatens labor peace and could lead to a work stoppage affecting the 2027 season. The proposal marks a significant escalation in labor negotiations between MLB owners and the players' union, reviving the most contentious issue in baseball labor relations since the 1994 strike that canceled the World Series.
Key quotes
· 3 pulledMLB owners hadn't proposed a firm cap since 1994.
Their effort prompted a 7 1/2-month strike that forced the cancellation of the World Series for the first time in 90 years.
MLB's proposal would cap spending in 2027 at $245.3 million, using figures for luxury tax payrolls that include benefits and the pre-arbitration bonus pool.
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