Meyer Slams MLB Cap Plan as CBA Talks Begin

MLBPA executive director Bruce Meyer criticized MLB's first economic proposal, which features a 50-50 revenue split and a salary cap/floor structure with an implied cap around $245 million and floor around $171 million, plus an escrow mechanism. Meyer argued the plan would reduce players’ share under MLB's revenue definitions and labeled it “institutionalized collusion.” MLB spokesman Glen Caplin defended the cap-and-floor as a fair step to level the field and grow compensation in year one, while Meyer noted potential amateur signing-bonus cuts to fund the floor. Talks are in early stages with no talks scheduled yet; commissioner Rob Manfred is expected to address the media, and public sparring between sides is anticipated.