MLB proposes limiting most free agent contracts to 5 years and 15% of a team's salary cap

Major League Baseball proposed limiting most free agent contracts to five years and 15% of a team's salary cap and to eliminate deferred compensation, fleshing out additional details of a salary cap plan likely to spark a confrontation with the players' association. During a bargaining session Thursday at the union's office, MLB said it would accept the union's proposal granting free agency a year early for players who have reached age 30 as part of a salary cap system. MLB also proposed bo...

By RONALD BLUM