The clock is ticking for Major League Baseball players and team owners to settle an ongoing contract dispute that threatens the start of the 2022-23 season.
to settle an ongoing contract dispute that threatens to scuttle the start of the 2022-23 season.
"I see missing games as a disastrous outcome for this industry, and we're committed to making an agreement in an effort to avoid that," MLB Commissioner Rob Manfred said earlier this month at a press conference in Florida when asked about the impasse in negotiations. "If you survey 10 economists, all 10 of them will say the owners have the upper hand," Ducking told CBS MoneyWatch.The contract talks have dragged on partly because it took both sides a while to return to the bargaining table. Ducking noted that owners and the players' union had a lengthy round of negotiations about if and when teams would play during the coronavirus pandemic in 2020-21. Those talks were periodically contentious, which Ducking said may be coloring the latest talks.
Based on player salaries last year, which totaled just over $3.8 billion, MLB players stand to lose a combined $20.5 million for each day wiped off the 186-day regular-season schedule, the Associated Press
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