Sports
MLB Salary Cap Could Face Lawsuits Over Deferred Player Contracts
Major League Baseball could face lawsuits if a salary cap voids existing player contracts. The Los Angeles Dodgers have deferred over $1 billion through 2047.
According to the Dayton Daily News, implementing a salary cap in Major League Baseball could trigger lawsuits related to existing multi-year and deferred contracts. The Los Angeles Dodgers deferred a portion of Shohei Ohtani's $700 million contract. The Dodgers have deferred over $1 billion through 2047. These contracts would have to be honoured. Teams cannot unilaterally declare existing contracts void due to a new salary cap. One example is that they could not unilaterally say they do not have to pay Shohei Ohtani the $680 million they deferred.
Key Facts
- MLB could face lawsuits if they don't honour existing player contracts.
- The Los Angeles Dodgers deferred money on Shohei Ohtani's $700 million contract.
- The Dodgers have deferred over $1 billion through 2047.
- MLB teams cannot unilaterally void existing contracts.
- A salary cap would not turn the Dodgers into 'losers'.
- Tommy John Patterson founded Tommy John underwear.
- Tommy John underwear is not connected to the former pitcher of the same name unless he wears them.
Primary Source
Research Sources
- Dayton Daily News — Ask Hal: Is the MLB headed for expansion?