Nov 17, 2011, 7:38 PM EDT
Great news, Major League Baseball fans.
According to FOX Sports’ Ken Rosenthal, MLB’s players and owners have reached agreement on a new labor deal that will be officially implemented on Monday and will last for the next five seasons.
Full details of the agreement have not yet been released, but we’re expecting two major changes: an overall spending cap for teams in the amateur draft and a significant shift in the current free agent compensation system. Rumor has it that Type B statuses could be thrown out and that the requirements for achieving Type A status will be revamped.
Some would argue that capping draft spending is bad for the game in that it limits baseball’s ability to lure amateur athletes away from other sports, but labor peace is what’s most important and Major League Baseball will be able to boast 21 straight years of it when they announce this new five-year deal.
Meanwhile, our friends at ProBasketballTalk are covering lockout day No. 140 in the NBA.
- Two radio stations in San Francisco are refusing to play Lorde’s “Royals” during the World Series 21
- Royals tab James Shields, Yordano Ventura to start first two games of World Series 1
- Brian Roberts is retiring 13
- So, if you’re not a fan of the Royals or Giants, who ya got? 117
- Video: Watch Travis Ishikawa’s pennant-winning homer 13
- Travis Ishikawa sends Giants to World Series on walk-off three-run homer 79
- NLCS, Game 5: Cardinals vs. Giants lineups 30
- This team. 30
- So, if you’re not a fan of the Royals or Giants, who ya got? (117)
- “The Kansas City Royals Are the Future of Baseball” — someone actually said that. (93)
- Andrew Friedman leaving the Rays to take over as Dodgers President of Baseball Operations (83)
- Quit making a big deal out of anomalies. Most of what happens is meaningless. (82)
- Travis Ishikawa sends Giants to World Series on walk-off three-run homer (79)