Major League Baseball owners and the Players Association reach a tentative deal on a new five-year collective bargaining agreement. The agreement signed in Rosemont, IL near Chicago’s O’Hare Airport, includes a ceiling for bonuses paid to picks in the amateur draft and international free agents. It also provides for testing for human growth hormone and a raise in the minimum salary to $480,000. The agreement will be finalized on November 22nd.

On November 18, 2011 — Major League Baseball owners and the Players Association reach a tentative deal on a new five-year collective bargaining agreement. The agreement signed in Rosemont, IL near Chicago’s O’Hare Airport, includes a ceiling for bonuses paid to picks in the amateur draft and international free agents. It also provides for testing for human growth hormone and a raise in the minimum salary to $480,000. The agreement will be finalized on November 22nd.

 

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