indianagazette
Major League Baseball proposed limiting most free agent contracts to five years and 15% of a teamas salary cap and to eliminate deferred compensation, fleshing out details of a salary cap plan likely to spark a confrontation with the playersa association.
MLBas plan would eliminate deals such as Juan Sotoas $765 million, 15-year contract with the New York Mets.
The league said just seven players this year exceed the proposed maximum and 98% of free agent contracts would not have been impacted.