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Four owners reportedly objected to MLB’s luxury tax increase

Major League Baseball and the MLBPA held an informal meeting Thursday in New York which was the first since the cancellation of the first two series of the regular season. More games are expected to be cancelled as soon as next week and the possibility of losing the entire month of April is high.

Both sides met for 16 hours Monday which was the league’s original stated deadline for a deal. That was eventually extended to Tuesday but talks fell apart in the afternoon. One of the major sticking points is the Competitive Balance Tax.