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Major League Baseball proposes shortening its regular season as it pushes for a salary cap

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Core Development: Major League Baseball proposes shortening its regular season as it pushes for a salary cap
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Market & Financial Impact: Major League Baseball proposed a return to a shorter 154-game regular season schedule as it attempts to convince players to approve a salary cap.
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Major League Baseball proposed shortening its regular season to 154 games from 162 as it attempts to convince players to approve a salary cap in the league's next collective bargaining agreement. The new shortened schedule would begin in 2029.

MLB's CBA expires Dec. 1, after the conclusion of this season's World Series. The most contentious issue is the introduction of a salary cap on players. MLB is the only major American sports league without a cap. The league has failed to convince the players' union to adopt one in several previous CBA negotiations.

A 154-game season was used between 1904 and 1960, except for 1918 and 1919 when the schedule was abbreviated because of World War I. For the past 66 years, 162 regular season games has been the standard, though some seasons have been shortened. Lopping off eight games "is good for player health, while also creating a new national broadcast window to showcase our most exciting teams and players," MLB spokesman Glen Caplin said in a statement. "A shorter regular season unlocks making October even better for our fans — with fewer weekday afternoon games, a longer Division Series, and more opportunities to see the game's best pitchers on the biggest stage."

In addition to lowering the number of regular season games, MLB would extend the divisional round of the playoffs to seven games from five and would allow the higher-seeded teams in both the wild card round and in the divisional round to choose their lower-seeded opponent.

The Major League Baseball Players Association responded to the MLB's proposed changes by claiming the league "once again made clear that all of its proposals are contingent on players' agreement to a salary cap, a system that guts player rights and compensation, as well as its other anti-player proposals."

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Official Publisher Attribution: This report is aggregated from CNBC. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
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