Working over the weekend, representatives from MLB and the MLBPA appear to have bridged the most difficult aspect of their labor negotiations – a system to allow for draft-related issues.
According to Ken Rosenthal of FOXSports.com, a deal could come as early as today or Monday.
While the current labor agreement is set to expire on Dec 11, there is pressure to reach a deal in advance of several meetings set for this coming week. General Managers are set to meet on Monday and Tuesday with the owners meeting on Weds and Thurs in Milwaukee. The union is holding meetings with player agents from Mon-Weds.
According to Rosenthal, there are other issues that could trip-up an announcement within the next two days. Issues such as draft-pick compensation, the Luxury Tax, a possible international draft, changes to revenue-sharing, hGH testing, and more are said to be part of discussions around the new collective bargaining agreement.
The agreement is believed to be five-years in length. By the time this new agreement expires, MLB will have seen 22 years of labor peace.
Maury Brown is the Founder and President of the Business of Sports Network, which includes The Biz of Baseball, The Biz of Football, The Biz of Basketball and The Biz of Hockey, and is a contributor to Forbes SportsMoney blog.. He is available as a freelance writer. Brown's full bio is here. He looks forward to your comments via email and can be contacted through the Business of Sports Network (select his name in the dropdown provided).
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