Minor League Baseball CEO Pat O'Conner said the organization is in "dire straits," perJJ Cooperof Baseball America, after Major League Baseball told the MiLB it would not be providing the organizing body with players this season.
The MiLB subsequently canceled the 2020 campaign:
That decision could have major repercussions for MiLB teams.
"It's north of half [of MiLB teams] who could either have to sell [or go insolvent without government or other help]," O'Conner said, per Cooper. "This is the perfect storm. There are many teams that are not liquid, not solvent.