Rob Manfred announced this afternoon that MLB has unilaterally canceled the first week of the regular season after the league and the players failed to reach an agreement today on a new Collective Bargaining Agreement.
The biggest sticking point, as it has been throughout the negotiations, appears to be the threshold for the Competitive Balance Tax. MLB’s “last, best offer” had the CBT thresholds at $220 million for 2022-24, $224 million in 2025, and $230 million in 2026.
The CBT threshold in 2021 was $210 million, which means that the year-over-year increases in the CBT threshold in the owners proposal are:
4.