Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Amid talks, MLB proposes eliminating some minor league teams

Published 10/19/2019, 02:11 AM
Updated 10/19/2019, 02:16 AM
Amid talks, MLB proposes eliminating some minor league teams

Major League Baseball is floating a proposal that would eliminate up to 42 minor league baseball teams after the 2020 season.

The proposal is part of negotiations between MLB and the minor leagues over their contract, called the Professional Baseball Agreement, which expires after that season, according to several media outlets. Baseball America was the first to publish the report and said most people who provided information requested anonymity.

According to the proposal, Minor League Baseball would shrink from 160 teams to 120. The Baseball America report calls the proposal preliminary and subject to alterations, an early idea at the start of what might be protracted negotiations.

Leagues owned wholly by MLB would also see changes, the report said, with league sizes and classifications possibly affected.

According to a statement from MLB and reported by the New York Times, "We are in discussions with the owners of the Minor League teams to reorganize elements of the system with the goal of improving the working conditions of minor league players, including upgrading the facilities to Major League standards, increasing player compensation, reducing travel time between affiliates for road games, improving transportation and hotel accommodations, increasing the number of off days, and providing better geographical affiliations between the MLB clubs and affiliates."

The people who did go on the record gave only general statements acknowledging that negotiations are taking place.

"We are engaged with Major League Baseball on a successor agreement to the PBA. It's early in the negotiations, and that's the most I can say," said Pat O'Conner, president of Minor League Baseball.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

MLB's deputy commissioner Dan Halem said, "We're at the very initial stages of the negotiations where each side is presenting to others the issues and concerns they have with the existing PBA."

--Field Level Media OLUSSPORT Reuters US Online Report Sports News 20191019T061050+0000

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.