Back to the Detroit Tigers Newsfeed

Updated: Making sense of MLB’s new collective bargaining agreement

Major League Baseball’s players and owners reached a tentative agreement on a new collective bargaining agreement (CBA) just hours before the previous CBA was set to expire on Wednesday evening. The $10 billion golden goose has been spared!

Most importantly, the new agreement will last another five seasons, guaranteeing 26 full years without an MLB labor stoppage. Most of the previous agreement will remain in the new CBA. While details are still unknown, here are the changes and what they mean for baseball.

The Competitive Balance tax threshold will increase from $189 million to $195 million in 2017, then climb to $197 million, $206 million, $209 million and $210 million over the life of the CBA (h/t Jayson Stark).