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MLB Lockout Begins As Players, Owners Fail To Reach New Bargaining Agreement

NEW YORK (CBSMiami/CNN) — Baseball’s annual winter meetings have been canceled for the second straight year amid a Major League Baseball lockout which went into effect early Thursday when players and owners failed to reach a new bargaining agreement.

It’s the MLB’S first work stoppage in 26 years.

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The lockout will prevent players from using team facilities as well as free agents from signing new contracts until a new CBA is reached.

In a letter to fans, MLB commissioner Rob Manfred said: “Despite the league’s best efforts to make a deal with the Players Association, we were unable to extend our 26 year-long history of labor peace and come to an agreement with the MLBPA before the current CBA expired.