Just hours before its midnight, Dec. 1 deadline, Major League Baseball and the Major League Baseball Players’ Association reached a tentative agreement Wednesday night on a five-year collective bargaining agreement. The new CBA, which must (and will) be ratified by both sides, eschews transformative change in exchange for targeted reforms. As detailed by SI’s Jon Tayler, Wednesday’s agreement ensures that there will be no lockout and thus no disruption of the Hot Stove season. Baseball will continue its 21-year run of labor peace.
Here are the top three things to keep an eye on from a business and legal perspective:
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