MLB proposes limiting most free agent contracts to 5 years and 15% of a team’s salary cap | National Sports

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 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 if the union accepted the league’s salary cap system. MLB also proposed boosting the minimum salary from $780,000 to $1 million for those with two years of big league service.

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