Major League Baseball owners have proposed implementing a salary cap and salary floor beginning with the 2028 season, according to a report by Eric Stephen for SB Nation published on November 3, 2026.
The proposal emerged amid ongoing labor discussions between team ownership and the players' association. Commissioner Rob Manfred addressed the topic during an interview before Game 1 of the 2026 World Series between the Tampa Bay Rays and Milwaukee Brewers at American Family Field in Milwaukee on October 23, 2026.
Specific figures for the proposed cap and floor were not disclosed in the initial report. If adopted, the measure would mark a fundamental change to MLB's economic framework, which currently lacks a hard salary cap but utilizes a competitive balance tax threshold to regulate spending.
