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Report: MLB Teams Losing TV Revenue Can Get Luxury Tax Money After CBA Rule Change

Related Topics: Evan Drellich, Luxury tax

Rob Tringali/MLB Photos via Getty Images

Major League Baseball and the MLBPA agreed to amend the collective bargaining agreement to reallocate money toward teams that suffered revenue losses from their media rights deals, according to The Athletic's Evan Drellich.

Drellich reported each qualifying team can earn up to $15 million, with the cash coming from the competitive-balance-tax pool.

This article will be updated soon to provide more information and analysis.

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