The Rundown – 12/1/16: New CBA, Signings, Rumors
Here are today’s headlines around the MLB and the Cubs:
- The owners and MLBPA agreed to a new collective bargaining agreement, ensuring 5 more years of labor peace. Highlights are:
- Free agent compensation changed, but still involves picks, just not first rounders anymore
- Luxury tax threshold goes up every year ($195 million in 2017)
- No international draft; instead, a hard cap ($4.75 million) on what can be spent by each team
- Disabled list is now minimum 10 days instead of 15
- All Star game will no longer decide home field advantage in World Series; instead it appears the winners will get more money than the losers.
- The Pirates are getting serious about moving Andrew McCutchen in a deal this winter.
- The Cubs signed Jon Jay on Tuesday to a one-year/$8 million deal. Jed Hoyer didn’t shut the door on a Dexter Fowler reunion, but he wasn’t exactly hopeful either.
- Javier Baez will be playing for Puerto Rico in the WBC this spring.
- Yoenis Cespedes officially re-signed with the Mets (4 years, $110 million) and was introduced at a press conference Wednesday.
- Matt Joyce signed a 2 year/$11 million deal with the Oakland A’s