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MLB Commissioner Rob Manfred: Owners Could Lose $4 Billion In Revenue If 2020 Regular Season Is Cancelled

Major League Baseball team owners took a necessary first step last week by collectively agreeing on a proposal for the 2020 regular season. Now they must finalize a plan with the union to ensure play resumes this summer.

Owners are calling for an estimated 82-game schedule based on geographical location, with the potential implementation of a universal designated hitter and expanded playoffs format.

Most clubs will also be allowed to play at their home ballparks, albeit without fans in the stands. This prospect has concerned the league due to the potentially significant financial losses it will face as a result of the lack of ticket sales.