Just hours before the December 1 deadline, the players and owners of the MLB were able to agree upon a new CBA that will last for the next five seasons. It has been since 1994 that the two sides have failed to agree upon the CBA before the deadline and they kept that streak alive as they agreed just in time. Let us take a look at some of the terms that were added to the latest CBA:
- The luxury tax threshold—the payroll point at which teams must pay a percentage penalty for every dollar they go over—will rise from last season’s $186 million to $195 million for 2017
- There will be no international draft
- Free-agent compensation will remain, but teams will no longer have to surrender a first-round draft pick for signing a player who has been given a qualifying offer. Instead, teams that exceed the luxury tax threshold will have to give up a second-round and fifth-round pick; teams under it will forfeit a third-rounder.
- Rosters will remain at 25 players, and expanded September rosters will also stay; both were under debate, with the league reportedly wishing to add a 26th man but end the roster expansion that happens in the season’s final month.
- The All-Star Game will no longer determine which league gets home field advantage in the World Series.
All-in-all, it seems like both sides came to a pretty strong agreement and were clear on what they needed to get done before the deadline. There will be no holdout this year folks, and the offseason will continue as planned. Let’s all get geared up for the Winter Meetings!
Let us know your thoughts on the new CBA!