MLB owners propose ending future deferred salary contracts

On July 1, MLB team owners celebrated Bobby Bonilla Day while proposing to outlaw future contracts with deferred money. Bonilla, who is receiving a $1.19 million payment from the Mets today, exemplifies the structure that could become obsolete under new proposals. Other players receiving deferred payments today include Max Scherzer from the Nationals and Chris Davis from the Orioles. The owners' proposal includes a push for a salary cap and banning deferred payments in new contracts starting in 2027. The MLB Players Association opposes this change, arguing it limits player negotiation flexibility.

• 3:51 PMYahoo Sports — Bobby Bonilla Day Would End With MLB Owners’ Proposal