MLB proposes delaying salary cap implementation until 2028 amid negotiations

Major League Baseball has proposed delaying the introduction of a salary cap and floor system until the 2028 season. This decision, announced on November 3, aims to provide teams ample time to prepare for the financial changes. The new proposal includes a $180.2 million salary floor and a $258.2 million salary cap, both higher than previous figures. MLB seeks to transition smoothly while preserving certain player benefits, such as early free agency and a minimum salary of $1 million for qualified players. As the current collective bargaining agreement expires on December 1, the league prepares for a possible lockout if negotiations do not conclude timely. The Players Association has expressed opposition to a salary cap/floor system, advocating instead for a revised revenue-sharing plan.

• 7:36 PMCBS MLB — MLB proposes delaying salary cap in new negotiations as Dec. 1 CBA expiration inches nearer