The Financial Impact of MLB’s New Collective Bargaining Agreement and Post-Lockout Free Agency Review
After a long and tense few months for Major League Baseball (MLB) during the first work stoppage since the 1994-95 players’ strike, the owners and Players Association finally agreed to a collective bargaining agreement (CBA) after months of negotiation by a vote to approve the new proposal by a 26-12 margin. The new agreement will be in place until 2026 and will enact various modifications for the league both on and off the field.
Read more