MLB proposes limiting most free agent contracts to 5 years and 15% of a team's salary cap

Major League Baseball proposed limiting most free agent contracts to five years and 15% of a team's salary cap and to eliminate deferred compensation, fleshing out details of a plan likely to spark a confrontation with the players' association. MLB's plan would eliminate deals such as Juan Soto's $765 million, 15-year contract with the New [...]