MLB Players Oppose League's New Salary Cap Proposal

Major League Baseball players are strongly against the league's recent proposal for a salary cap, which would set spending limits at $245.3 million and a payroll floor at $171.2 million for 2027. This marks the first time owners have suggested a salary cap since the significant 1994-95 strike. Negotiations between the league and the players' union, ongoing since May, are set to continue after the All-Star break.