MLB’s players and owners reach new labor agreement

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Great news, Major League Baseball fans.

According to FOX Sports’ Ken Rosenthal, MLB’s players and owners have reached agreement on a new labor deal that will be officially implemented on Monday and will last for the next five seasons.

Full details of the agreement have not yet been released, but we’re expecting two major changes: an overall spending cap for teams in the amateur draft and a significant shift in the current free agent compensation system. Rumor has it that Type B statuses could be thrown out and that the requirements for achieving Type A status will be revamped.

Some would argue that capping draft spending is bad for the game in that it limits baseball’s ability to lure amateur athletes away from other sports, but labor peace is what’s most important and Major League Baseball will be able to boast 21 straight years of it when they announce this new five-year deal.

Meanwhile, our friends at ProBasketballTalk are covering lockout day No. 140 in the NBA.

Video: Jake Arrieta hits a 465-foot home run off of Zack Greinke

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Jake Arrieta‘s bat is in midseason form already. The Cubs’ ace swatted a solo home run to center field off of Zack Greinke in Thursday afternoon’s Grapefruit League exhibition game, his first homer of the spring.

The blast went 465 feet, according to MLB.com’s Daren Willman.

Arrieta has hit two home runs in each of the past two seasons. Madison Bumgarner (eight) and Noah Syndergaard (four) are the only other pitchers to match or exceed his output in that department.

Greinke, meanwhile, is hoping to bounce back after a miserable 2016 season. He finished with an uncharacteristic 4.37 ERA in 26 starts in his first year with the Diamondbacks.

Luis Valbuena to miss four to six weeks with a strained right hamstring

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Angels first baseman Luis Valbuena will miss the next four to six weeks with a strained right hamstring, Pedro Moura of the Los Angeles Times reports.

Valbuena, 31, signed a two-year, $15 million contract with the Angels in January and was on track to get the lion’s share of the playing time at first base. While he’s out, however, C.J. Cron will handle first base on a regular basis. When Valbeuna returns, the two will likely form a platoon.

Last year with the Astros, Valbuena hit a solid .260/.357/.459 with 13 home runs and 40 RBI in 342 plate appearances.