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MLB, MLBPA Reach Agreement on New CBA

Neil Parker

Last Updated: March 10, 2022 2:02 PM EST • 51 sec read.

ORLANDO, FLORIDA - FEBRUARY 10: Major League Baseball Commissioner Rob Manfred answers questions during an MLB owner's meeting at the Waldorf Astoria on February 10, 2022 in Orlando, Florida. Manfred addressed the ongoing lockout of players, which owners put in place after the league's collective bargaining agreement ended on December 1, 2021. Julio Aguilar/Getty Images/AFP (Photo by Julio Aguilar / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)

UPDATE: 7 pm ET

The two sides have agreed to the new agreement.

https://twitter.com/JeffPassan/status/1502063503745728514

Here's everything you need to know about the agreement.

Thursday, 3 pm ET

Major League Baseball and the Major League Baseball Players Association reportedly agreed on a new collective bargaining agreement Thursday ESPN’s Jeff Passan reports.

https://twitter.com/JeffPassan/status/1502015630966415361

The two sides negotiated late into the evening Wednesday, and the momentum paved the way for Thursday’s agreement. The international draft and qualifying offer system were two of the final sticking points the parties needed to agree upon, but the tentative agreement on the new labor deal just awaits the formal ratification from both sides.

https://twitter.com/JeffPassan/status/1502016493105692673

The transaction freeze is likely to be lifted Thursday, and with players eligible to report to spring-training facilities as early as Friday, March 11, there projects to be a lot of moving pieces for prospective sports bettors over the next few days.

Check out the latest comprehensive and most trusted Sportsbook Reviews by SBR here.

Expect free-agent signings, trades and other transactions to have a significant impact on the MLB future markets.

Here's a look at the latest World Series odds.

Via BetMGM

https://twitter.com/BetMGM/status/1502021102159204352https://twitter.com/DavidPurdum/status/1502018089420038144

Odds Via DraftKings

Make sure to keep an eye on our Live Odds page throughout the week to get the best lines possible and connect with others in the SBR community on our popular sports betting forum. 

Written By:
Neil Parker
A lifelong Cowboys, Cubs, Maple Leafs and Gators supporter, Neil has been covering sports in print and online since 2011. His past stops include USA TODAY, theScore, DraftKings Playbook and RotoWire among others. He's a graduate of St. Thomas University and Acadia University and spends ample time at KenWo Golf Club.