Union rejects MLB’s ‘best and final offer’ at deadline to cancel games
MLB proposed raising the luxury tax threshold from $210 million to $220 million in each of the next three seasons, $224 million in 2025 and $230 in 2026 — unchanged from its prior offer. Players asked for $238 million this year, $244 million in 2023, $250 million in 2024, $256 million in 2025 and $263 in 2026.
“We thought there was a path to a deal last night and that both sides were closing in on the major issues,” an MLB official said before the last offer was transmitted to the union, speaking on the condition he not be identified by name. “They couldn’t make us a CBT proposal last night, so we agreed to extend the deadline to exhaust every option.
Manfred had said Monday was the last possible day to reach an agreement that would allow the minimum time needed for spring training in order to play openers as scheduled on March 31.The sides agreed Monday, subject to an overall deal, to expand the postseason from 10 to 12 teams, rather than the 14 MLB had hoped for.
Players would lose $20.5 million in salary for each day of the season that is canceled, according to a study by The Associated Press, and the 30 teams would lose large sums that are harder to pin down.
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