MLB owners unveiled a cap‑and‑floor plan on Thursday that would split revenue 50‑50 and lock salaries between $171.2million and $245.3million in 2027. Players’ union chief Bruce Meyer blasted the offer as the worst system, arguing it would squeeze salaries and erase gains that the current framework preserves for players today.

Meyer warned that the cap would force 12 clubs to hike payroll by $617million while eight would cut spend by $578million to meet the new rules, a swing that could widen the gap between rich and poor markets. He said the plan would trim player share below the 50‑50 split.

The union’s counter‑proposal pushes a 90% local‑media share and higher minimum salaries, but MLB insists its cap will level competition and grow franchise values. Cap spokesperson Glen Caplin said the new system would give major‑league players more money in year one than they earned in 2026 for the season today.

Meyer maintains the players remain united against a cap, citing the Brewers’ 2025 record and the Rays’ and Guardians’ playoff runs as proof that market size does not dictate success. With no meeting set, both camps signal a stalemate that could stall the collective bargaining agreement before its June 30 deadline.