MLB owners propose a salary cap for the first time since the 1994 strike that cancelled the World Series
Major League Baseball owners have proposed a salary cap for the first time since the 1994 strike, aiming to limit spending at $245.3 million in 2027 while establishing a $171.2 million payroll floor. The players' union has rejected the proposal, viewing it as a move to increase owner profits at the expense of players. This disagreement sets the stage for a potential confrontation that could jeopardize the 2027 season. AI
