• Loading stock data...
Sunday, May 5, 2024

MLB Inches Forward

Trout
Photo Credit: Jayne Kamin-Oncea-USA TODAY Sports
After four weeks of talks, Major League Baseball and the players union are inching closer to a deal to start the season, though time is running out. In order to meet an early July start and accommodate a second spring training, the two sides need to strike an agreement in the next week.

League owners have yet to respond to a players’ proposal for a 114-game regular season with deferred salaries in the event of a canceled postseason, but they are expected to reject the measure and have floated a 50-60 game season in response. Owners have claimed paying players their prorated salaries in a shortened season would result in a $4 billion loss, a number disputed by FiveThirtyEight, which says operating costs were likely counted in full rather than half.

MLBPA says pay cuts proposed by the owners would total $800 million, with the bulk of them carried by high-paid stars. Though the average MLB salary is $4 million, nearly two-thirds of players earn less than $1 million a year. MLB revenues last year were a record $10.7 billion.

A deal now would still enable baseball to return to action before any other major North American team sport, and in time for Independence Day. A canceled season could set the industry back in a manner worse than the strike that canceled the 1994 World Series.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

May 6, 2023; Miami Gardens, Florida, USA; Red Bull driver Max Verstappen (1) of the Netherlands walks through the garage area following qualifying for the Miami Grand Prix at Miami International Autodrome.

Max Verstappen Is Unstoppable. Is That Hurting F1 With New American Fans?

Formula One could be facing an inevitable plateau in the United States.
Apr 17, 2024; Tempe, Arizona, USA; Arizona Coyotes left wing Lawson Crouse (67) celebrates after scoring a goal during the third period against the Edmonton Oilers at Mullett Arena.

Everything to Know About the Coyotes’ Second Chance at NHL Life

The clock is ticking in order to restart a Phoenix expansion team.

MLB, Nike to Revamp Uniforms After Backlash: Here’s What We Know

MLB details a series of planned changes to uniforms after months of criticism.

‘Massive Disruption’ for MLB, NHL Teams: Comcast, DSG Deal Expires

Bally Sports parent and the second-largest U.S. cable distributor fail to come to terms.
podcast thumbnail mobile
Front Office Sports Today

How Red Bull Laps the F1 Competition and Builds the Brand

0:00
0:00

Featured Today

Just Like We Drew It Up? Stadium Renderings Can Excite, Confound, and Anger

During a historic wave of development, drawings wield more power than ever.
The scene in the green room behind the NFL Draft Theater in Detroit on Tuesday, April 23, 2024. Thirteen college players who will be picked in the first round will be waiting in this large room with friends, family, agents and college coaches on Thursday night.
April 27, 2024

More NFL Draft Prospects Are Staying Home, and TV Networks Are Adjusting

Whether making or missing out on millions, more prospects are staying home.
April 21, 2024

Everything You Need To Know About the Legal Attempts To Kill the ACC

Four lawsuits involving the conference, Clemson, and FSU could determine the future.
April 20, 2024

A Bare-Knuckle Fighter Won His Pro Debut. The Far Right Scored a Marketing Win

With Proud Boys sponsoring him, experts say extremist groups will use his success to elevate their ideologies and recruit new believers.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Live Nation
Multiple - USA Careers
Adidas
Multiple - USA Careers
FanDuel
Multiple - USA Careers

Top Sports Business Jobs This Week (May 2024)

Each week, our staff combs through the thousands of job listings from…
August 10, 2022

PGA Tour Touts Projected Earnings to Keep Players

The PGA Tour is asking its players to consider their potential futures.
October 3, 2022

Real Madrid President Renews Call for Super League

Real Madrid’s president believes that soccer is losing ground.
Sponsored

Rapid Returns: How Technology Is Getting You Back to Your Seat

How Oracle’s POS technology is helping fans get back to their seats faster.
August 10, 2022

Bayern Munich to Make Growth Push in U.S. Market

Bayern Munich is looking to expand its reach in the U.S.
Nintendo-logo
August 3, 2022

Nintendo Profits Underwhelm, Switch Sales Decline

Nintendo failed to meet expectations in the company’s latest earnings report.
manfred_at_microphone
August 19, 2021

MLB Owners Propose $100M Salary Floor

Major League Baseball owners have proposed a $100 million payroll minimum for MLB’s 30 teams and a lower luxury tax threshold.
nfl_logo
July 23, 2021

NFL to Players: Get Vaccinated or Pay the Price

The NFL’s threatening to drop the financial hammer on un-vaccinated players and teams that cause forfeited games in 2021, according to memo.