MLB owners pitched a salary cap and $171.2 million payroll floor on Thursday, one day after the players' union sent their own ...

With the MLB collective bargaining agreement set to expire Dec. 1, both the league and its players are trying to get ahead of ...

Major League Baseball owners made their long-expected salary cap proposal to the players’ association on Thursday, a system ...

The interim director of the players' union made it clear the league's proposed salary cap system will not be accepted.

Eight teams would need to shed payroll under the proposed structure.

The owners' first proposal is a salary cap of $245.3 million for 2027 and a floor of $171.2 million with a 50-50 split of revenues.