MLB salary-cap plan sparks union fears over pay and amateur bonuses
MLB owners have proposed a $245.3 million salary cap with a $171.2 million floor and a 50-50 revenue split, but the MLBPA says the plan would reduce players’ earnings overall and almost eradicate amateur signing bonuses, especially affecting newcomers with fewer resources. The union questions how “share” is defined and argues spending categories aren’t counted the same, while MLB contends the cap would level the playing field. Negotiations continue with a Dec. 1 deadline looming and the risk of a lockout; no next meeting date has been set yet.