It\u2019s no secret that Major League Baseball has long coveted a salary cap. The 30 franchise owners have spent decades gazing longingly at the other American sports, which all have successfully limited their highest-paid employees\u2019 compensation.<\/p>\n
But despite their deepest desires to fundamentally reshape the economic system that has powered MLB for the past half-century, those same owners have consistently stopped short of actually proposing a cap. They remember what happened the last time they tried: a 232-day player strike that resulted in the cancellation of the 1994 World Series and devastated the industry for years.<\/p>\n
Copyright \u00a92026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8<\/p>\n","protected":false},"excerpt":{"rendered":"It\u2019s no secret that Major League Baseball has long coveted a salary cap. The 30 franchise owners have…\n","protected":false},"author":2,"featured_media":708801,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[558],"tags":[64,63,4034,174668,31349,31347,13149,93612,31359,31342,13448,61155,174808,31348,15726,31351,55129,31360,344655,591,93629,93613,2041,13476,344653,174669,344654,85,31350,1055,31352],"class_list":["post-708800","post","type-post","status-publish","format-standard","has-post-thumbnail","category-mlb","tag-au","tag-australia","tag-baseball","tag-ce-exclusion-filter","tag-ce-industry-news-filter","tag-content-types","tag-contracts","tag-contracts-orders","tag-corporate","tag-corporate-industrial-news","tag-economic-news","tag-economic-performance","tag-economic-performance-indicators","tag-factiva-filters","tag-franchises","tag-gcapi","tag-indicators","tag-industrial-news","tag-linkendrnrealtime-linkedarticle-dnco20260601005834","tag-mlb","tag-non-government-contracts","tag-non-government-contracts-orders","tag-north-america","tag-orders","tag-risk-topics-workplace-labor","tag-routine-general-news","tag-small-business-franchising","tag-sports","tag-synd","tag-united-states","tag-wsj-pro-wsj-com"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/708800","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=708800"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/708800\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/708801"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=708800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=708800"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=708800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}