Under the new system, which will go into effect next offseason, if a club that receives revenue-sharing signs a player who declined the qualifying offer, it will lose its third-highest pick in the draft, according to the AP.
#Mlb all star game no longer home field advantage free
For example: Teams that sign a free agent who received the qualifying offer no longer will lose a first-round pick. More than a few in the game think the owners overall gained more in the new deal than the players did, though the latter did score some victories. That seems a realistic possibility by 2018, as they'll be out from under contracts such as CC Sabathia's and Alex Rodriguez's. Yankees managing general partner Hal Steinbrenner has long talked about his intent to get his team's payroll under the threshold and lower his club's tax penalty. Big-money clubs, including the Yankees, were waiting for the new threshold before attacking the offseason in earnest. The luxury-tax threshold will rise from $189 million to $195 million in 2017, $197 million in 2018, $206 million in 2019, $209 million in 2020 and $210 million in 2021. Specific terms of the pact will be made available when the drafting process is complete."ĭetails trickled out almost from the time news broke of the agreement. Part of the MLB statement said: "The parties continue to draft the entirety of the tentative agreement. "I want to thank the players for working diligently for more than a year to negotiate an agreement that, when finalized, will benefit all involved in the game and leaves the game better for those who follow," MLBPA executive director Tony Clark said.
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The deal still is in a Memorandum of Understanding stage and has not yet been officially signed, though both sides sent out news releases before midnight Wednesday announcing an agreement.
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