MLB commissioner Rob Manfred said on Tuesday during the Sports Business Journal's World Congress of Sports that league owners want to cap the length of contracts, per The Athletic's Evan Drellich. Players, unsurprisingly, aren't interested.
Manfred's full comments were as follows:
"A reform that has been of interest to ownership for a number of years is a limitation of contract length. Obviously players love it, it gives them financial security for a very long period of time. The difficulty—and I think players will come to appreciate this as time goes by—those contracts result in a transfer from the current stars to yesterday's stars.