Nov 21, 2011, 3:44 PM EST
The owners and the MLBPA are going to reach a memorandum of understanding on the new five-year collective bargaining agreement today, and they’ve announced that there will be a news conference tomorrow afternoon to make the new labor deal public.
We know most of the larger components already: blood testing for human growth hormone, an increase in the minimum salary to $480,000 and luxury taxes on draftee bonuses and international free agent signings. It also modifies the luxury tax on high payrolls and changes compensation for clubs losing major league free agents.
But mostly this will be a gloat conference. The owners and the union acting justifiably smug for putting together what will, by the time the contract is over, be 21 straight years of labor peace.
And I’m glad they can gloat about it.
- Robinson Cano agrees to $240 million deal with Mariners (260)
- Not everyone is happy about home plate collisions being taken away (135)
- Report: Yankees have agreed to a three-year deal with Carlos Beltran (125)
- Brett Gardner is drawing “significant” trade interest (113)
- Managers, GMs to meet today to discuss the abolition of home plate collisions (113)