NEW YORK (AP) — Baseball negotiations lasted for an hour when Major League Baseball made a new proposal that lawyers for locked-out players thought had only minor movement.
Major League Baseball eliminated the penalty of a third-round amateur draft pick for exceeding the luxury tax threshold.
Management maintained its plan to increase the threshold from $210 million to $214 million in both 2022 and 2023.
Baseball increased its proposed threshold to $216 million in 2024, followed by $218 million and $222 million in the last two years of its proposal.