Wednesday, December 14, 2016
Owners And Players Sign New Collective Bargaining Pact
Major League Baseball owners and players signed-off on a new Collective Bargaining Agreement—which was just a formality after the broad outlines were agreed to earlier this month. Interestingly, the players voted unanimously to approve the pact, while one single owner voted "NO". Not surprisingly, Stuart Sternberg, owner of the moribund Tampa Bay Rays nixed the deal saying, "Twice a decade, the bargaining process provides an opportunity to address the extraordinary and widening competitive gap that exists on-field between higher and lower revenue clubs. I feel that opportunity was missed here." Hey, Stu—how about tearing down your joke stadium and giving fans a real venue to enjoy baseball? Maybe your franchise would become viable! The newly-ratified CBA will run through the 2021 season.