Major League Baseball Proposes Delaying Salary Cap Implementation to 2028

Major League Baseball has proposed delaying the start of a salary cap until 2028, citing existing team commitments for the upcoming season. Owners suggested a hard cap of $258.2 million and a mandatory floor of $180.2 million for 2028, while also agreeing to reduce free-agent eligibility to five years of service for players aged 30 or older and raising the minimum salary to $1 million for those with two years of service.