MLB has proposed a hard salary cap in the next CBA, per @JesseRogersESPN.
π° Floor: $171.2M
π° Ceiling: $245.3M
The proposal includes a 50/50 revenue split with players and local media revenue shared equally among teams. As revenues increase, the cap would rise too.
Sources: The NCAA has initiated the final steps to expand the menβs and womenβs NCAA basketball tournaments to 76 teams. The expansion is on track to be formalized in the upcoming weeks, with mid-May as the target. The 76-team tournaments begin next year. https://t.co/2ZGUjZR0uJ