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MLB owners propose salary cap and floor starting in 2028

Yahoo Sports • 1 min read • Latest: Nov 3, 2026, 10:09 PM

Last updated Nov 3, 2026

MLB owners propose salary cap and floor starting in 2028

Summary

On November 3, 2026, MLB owners announced a proposal for a salary cap and floor set to begin in 2028. The plan includes a transition year in 2027 before implementing a cap of $258.2 million and a floor of $180.2 million. The MLB Players Association criticized the proposal, stating it would harm player compensation and rights. The owners plan to increase the minimum salary for players with at least two years of service to $1 million in 2027. Various teams’ spending patterns indicate 12 teams would need to increase their payrolls to reach the floor, while eight teams could reduce spending to stay under the cap.

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By the Numbers

•MLB proposes a salary cap of $258.2 million for 2028.
•The Players Association opposes the reductions in player rights and compensation.
•A transition year is proposed for 2027 before the cap is implemented.
•Minimum salary for players with two years of service would rise to $1 million.
•Twelve teams are currently below the proposed salary floor of $180.2 million.

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