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MLB owners proposed a salary cap for the first time since 1994 πŸ‘€

The proposal would call for a hard cap at $245 million - which 8 teams are currently over - and a salary floor of $171 million - which 12 teams are currently under πŸ“Š

Included in the proposal was a 50-50 split of league revenues with the players. There's still a long ways to go, but do you think we'll see a salary cap system in MLB?! πŸ€”

I don’t think there will be a hard cap. They will settle on something else.

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