New luxury tax rules, tobacco ban among changes in baseball labor deal – Chicago Tribune

Baseball players and owners reached a tentative agreement on a five-year labor contract Wednesday night, a deal that will extend the sport’s industrial peace to 26 years since the ruinous fights in the first two decades of free agency.

After days of near round-the-clock talks, negotiators reached a verbal agreement about 3 1/2 hours before the expiration of the current pact. Then they worked to draft a memorandum of understanding, which must be ratified by both sides.

“It’s great! Another five years of uninterrupted baseball,” Oakland catcher Stephen Vogt said in a text message.

In announcing the agreement, Major League Baseball said it will make specific terms available when drafting is complete.

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