Author: Zach Goldstein

Reading Time: 2 minutesAs Major League Baseball (MLB) and MLB Players Association (MLBPA) have failed to agree, it seems like a good time to explain what collective bargaining is, and how we got here. To understand the situation that the MLB and the MLBA find themselves in today, it is important to understand the history of collective bargaining in the United States. At the turn of the 20th Century, the United States was in the middle of an extensive industrial revolution. The revolution changed the economy of the US, moving it from a country reliant on farming to one...

Reading Time: 2 minutesFollowing his victory in the Home Run Derby, New York Mets star Pete Alonso won $1 million in bonuses. In fact, this is more than his base salary of $676,775. How is this possible? First, it is important to understand how contracts in the MLB work. Similar to other sports, the MLB has a collective bargaining agreement (CBA). This agreement serves as the basis of the relationship between players and their teams. One aspect of this agreement is the rights that both players and teams reserve regarding contracts. Once a player makes the Major League, their...