Price Controls and the International Market
So, last night, Major League Baseball and the Player’s Association agreed to the terms of a five year Collective Bargaining Agreement, maintaining labor peace through at least the 2021 season. Despite it going down to the deadline, this felt like a deal that was always going to get made; there is just too much money in baseball for either side to risk a work stoppage right now. And at the end of the day, the two sides mostly just agreed to continue under the same rules as before.
There are changes, but they are tweaks more than overhauls. The luxury tax is going up, but only a little bit. Teams no longer have to surrender a first round pick to sign a player who received a qualifying offer; now they have to surrender either 2nd and 5th round picks or a 3rd round pick, depending on whether they are over the luxury tax threshold or not. The DL is being shortened from 15 days to 10 days. The All-Star Game no longer determines home field advantage in the World Series. The season will start mid-week, and more off days will be built into the schedule.
Like I said, tweaks. There’s no change to roster size, as was rumored earlier in the week. There are no big rules adjustments that impact the game on the field. For the most part, baseball is going to go on as it was before.
There is, however, one area where things are changing drastically. Maybe not as drastically as the owners would have liked, as the dream of an international draft died in negotiations, but the acquisition of players from other countries is reportedly changing in a big way. And it could lead to some huge shifts in how baseball teams operate off the field.