Major League Baseball and the MLB Players Association came to terms on a new collective bargaining agreement on Wednesday night, continuing over two decades of labor peace in the spot and avoiding what could have been the first work stoppage in 21 years.
The deal is still subject to ratification by the owners and players. Here are some of the highlights of the new agreement, which runs through 2021, with relevancy to the Dodgers.
Competitive balance tax thresholds
The soft cap that is the competitive balance tax will increase its threshold to $195 million in 2017, up from $189 million in both 2015 and 2016, per Ken Rosenthal of Fox Sports.