Baseball's value boom drives cap push as owners chase higher valuations

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Source: The New York Times
Baseball's value boom drives cap push as owners chase higher valuations
Photo: The New York Times
TL;DR Summary

MLB owners are pressing for a salary cap and floor to stabilize payrolls and raise team values, which now lag behind the NBA and NFL despite rising prices; private equity's increasing stake and the Padres' record $3.9 billion sale illustrate the boom, even as players oppose a cap and looming TV-rights deals and a potential 2027 lockout could test fan interest.

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