There will be a baseball season in 2017, so rejoice San Francisco Giants fans! The union has reached an agreement on new labor terms that will last the next five seasons
Although the changes weren’t huge, impact will still be felt for multiple teams. The San Francisco Giants for one will benefit many ways from this, but first the details.
Although baseball doesn’t have a salary cap, taxations imposed on spenders who break the threshold may feel differently. MLB’s new luxury-cap will increase from $189 million currently, to $195 million when the deal kicks in. The luxury-cap will then reach $210 million at the end of the deal.