As MLB grapples with seismic economic issues, its union’s executive director, Tony Clark, made one thing clear on Saturday: any changes to the financial structure of the major leagues will not include a salary cap.
“We’re never going to agree to a cap. Let me start there,” Clark said, per The Athletic‘s Evan Drellich. “We don’t have a cap. We’re not going to agree to a cap. A salary cap is the ultimate restriction on player value and player salary. We believe in a market system. The market system has served our players, our teams and our game very well.”
Clark made his comments in the wake of commissioner Rob Manfred announcing that MLB had recently established an economic reform committee, which has two purposes: handling revenue disparities between teams and navigating changes in regional sports networks and broadcast distribution.
