Back to the Top News Newsfeed

Report: MLB Proposes $100 Million Salary Floor, Stiffer Luxury Taxes

As the expiration of the current collective bargaining agreement between the league and the Players Association looms this offseason, Major League Baseball made its initial proposal to the MLBPA on Wednesday. The pitch reportedly included a new salary minimum of $100 million for each team, according to Evan Drellich and Ken Rosenthal of The Athletic. Coupled with that change would be a lowered luxury-tax threshold of $180 million, with a steeper penalty than teams currently pay now.

The current rules have three luxury-tax tiers that include steeper penalties the higher a team's payroll climbs.