According to Ronald Blum, the owners voted and ratified the new Collective Bargaining Agreement last night. The vote was 29-1. Only Rays owner Stu Sternberg opposed. The MLBPA approved the CBA unanimously, the union announced, it’s a done deal. Officially official. Details of the new CBA are still trickling in, so here’s some big picture news from around the league.
Yankees have $4.75M to spend internationally
The new CBA has implemented a hard cap on international free agents, and according to Ben Badler, the Yankees will have a $4.75M pool during the 2017-18 signing period.