GeneralNeutralFortune Crypto · May 295/10
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MLB owners propose a salary cap for the first time since the 1994 strike that cancelled the World Series
MLB owners have proposed a salary cap for the first time since the 1994 strike, citing a significant divergence between revenue growth (247% since 2003) and player payroll increases (149%). Players argue the proposal unfairly constrains their earnings despite the league's substantial revenue expansion.
