MLB free agency could resume as soon as Thursday night if the league and players association settle on a new collective bargaining agreement, per Tom Verducci of MLB Network (h/t Jon Morosi of MLB Network).
MLB Network's Jon Heyman reported the sides "are down to the 2-yard line" in negotiations.
The owners and players have been negotiating Thursday and reportedly consider a 3 p.m. ET deadline the last chance to play 162 games, per Chelsea Janes of the Washington Post.
This article will be updated to provide more information on this story as it becomes available.