Major League Baseball is attempting to reshape its economic framework during ongoing collective bargaining negotiations.
The league argues that its latest proposal could resolve long-standing local television blackout issues while addressing payroll disparities between teams, according to Yahoo Sports.
Morgan Sword, the league’s executive vice president of baseball operations, identified television access and competitive balance as the two primary concerns for fans.
Sword explained the league’s perspective in a video posted on social media, as reported by ClutchPoints.
The league’s proposal includes splitting baseball-related revenue equally between players and clubs, implementing a salary cap and floor, and distributing media revenue equally among teams.
Sword suggested that sharing media revenue would provide teams with more equal resources and allow the league to address broadcast restrictions, the outlets reported.
The financial proposal aims to narrow the gap between high- and low-spending clubs, noting a current $446 million disparity.
Data provided by the league shows that the five highest-payroll teams have averaged 89 wins annually since 1998, compared to 74 wins for the five lowest-payroll teams.
Despite these suggestions, the MLB Players Association remains opposed to a hard salary cap, according to reports.
The current collective bargaining agreement is set to expire on Dec. 1.
This deadline has raised concerns regarding a potential work stoppage that could impact the 2027 season, as reported by Yahoo Sports.
