BREAKING: Major League Baseball extends deadline for labor agreement to 5 p.m. on Tuesday for salvaging March 31 opening day.
The sides agreed, subject to an overall deal, to expand the postseason from 10 to 12 teams, rather than the 14 MLB had hoped for.—Raising the luxury tax threshold from $210 million to $220 million this year.—Raising the minimum salary from $570,500 to $675,000 this year, with increases of $10,000 annually.
Players’ latest proposals contemplated giving up on expanding salary arbitration from the top 22% to 35% by service time of the players with at least two seasons of service and less than three. Halem and executive vice president Morgan Sword were key figures in the meetings and Colorado Rockies CEO Dick Monfort attended a few. Some of the sessions lasted mere minutes and also included senior vice president Pat Houlihan.
Yankees pitcher Jameson Taillon, who attended negotiations last week, tweeted: “Players are used to their ‘threats.’ Owners actions have made it clear all along that they have a set # of games where they still make profits/get TV money. They don’t want to play. It’s sad that these are the guys who drive the direction and ‘future’ of our amazing sport.”
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