30 Nov 2016
The details are still sketchy, but the owners and players have apparently agreed to a 5-year labor deal. Here are the big items I have read so far:
No international draft
No roster changes, either expanding to 26-men or reducing from 40-men in September.
Luxury tax will start at $195-million next season, up from $189 this year, and increase from there.
The draft pick/arbitration process is “changing”.
I will update this post tomorrow morning when we should have more details.
More details are coming out
As noted in the comments, the All-Star Game no longer “counts”. The pennant winner with the best record gets home field in the World Series.
There will be a hard cap on each teams international spending.
New major leaguers will no longer be allowed to use smokeless tobacco.
Exceeding the luxury tax by $40-million will result in a draft pick reduction/drop
The season will start midweek in 2018 to allow four additional off days to be built into the schedule
THe disabled list is being switched to a 10-day DL, not a 15-day DL. This is a very smart idea as teams won’t be so reluctant to wait and see on injuries.