The latest news on MLBs lockout and a timeline of negotiations between the league and players union to this point.
a one-hour meeting in which major league minimum salary is discussed. The league proposes an increase to $615,000 .
Industry revenues have increased by approximately 53 percent since 2012 through 2019, to an estimated $10.4 billion in 2019 . During the meeting, the union drops its proposal to shorten the service time necessary to make players eligible for free agency, leaving the requirement at six years, while also modifying its revenue sharing proposal.MLB, MLBPA hold first economic negotiation of lockout. The league makes its first economic proposal of the lockout, which goes nowhere with the union.
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