I will have a more thoughtful take on what MLB has done to itself later, but for now I wanted to get the news in front of you, because today’s new deadline is going to pass without a deal.
Short version: the optimism of last night was largely manufactured by MLB, and the players did not think the sides were ever really all that close to a deal. The numbers came out today, and sure enough, the sides were NOT close. So, the negotiations went poorly, the owners decided to make a best-and-final, and it was not even close to being accepted. Now we wait for MLB to start cancelling games.
BREAKING: MLBPA player leaders agreed unanimously not to accept MLB's final proposal, and there will be no deal on a new collective-bargaining agreement before MLB's 5 p.m. ET deadline, sources tell ESPN.
MLB has threatened to cancel its March 31 Opening Day without a new deal.
— Jeff Passan (@JeffPassan) March 1, 2022
Here was the offer:
MLBPA official says that the league's "last best" offer includes:
– $30million bonus pool, flat across CBA
– minimums start at $700k and go to $740k
– CBT thresholds in years 1-5 are: $220M / $220M / $220M / $224M / $230M (no change from prior offer, tax rates status quo)— Hannah Keyser (@HannahRKeyser) March 1, 2022
Some more details on MLB proposal:
– international draft
– universal DH
– on service time: top 2 ROY finishers in NL/AL would get a year of service irrespective of days & teams get bonus draft picks for putting top prospects on opening day roster
– 5x per year option limit— Hannah Keyser (@HannahRKeyser) March 1, 2022
The league minimum portion looks reasonable to me, but the bonus pool is almost certainly way too small if the players are giving up their Super Two ask, and the luxury tax thresholds are just a non-starter. They don’t remotely keep up with inflation, let alone revenues:
A CBT is not a salary cap.
With that caveat, from 2011-2022:
NFL salary cap increase: 56.6%
NBA salary cap increase: 91.5%
MLB proposed CBT increase: 16.4%We do not know future NBA/NFL increases. From 2011-26, the proposed MLB increase would be 21.7%. https://t.co/UO42rnZKdE
— JJ Cooper (@jjcoop36) March 1, 2022
You will notice that team payrolls (yellow) have been strongly correlated with the luxury tax (blue), but not revenues (red). You can see why this has been a key issue all along, and why the current proposal from MLB on luxury tax thresholds is a head-scratcher. https://t.co/PhVOylob2M
— Bleacher Nation (@BleacherNation) March 1, 2022
Also, Rob Manfred is speaking in 15 minutes, so here’s a heads up in advance:
A reminder before MLB announces that April is cancelled:
1.) Technically, that's just a bargaining position. Sides could still eventually agree to mere delays.
2.) The expiration of the CBA did not FORCE a lockout. Could have played under old agreement while negotiating.
— Bleacher Nation (@BleacherNation) March 1, 2022