MLB’s players and owners move closer to labor agreement

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While the NBA lockout rolls into day 136, Major League Baseball’s players and owners are moving closer and closer to reaching a new labor deal.

According to Ken Rosenthal of FOXSports.com, the two sides have a “near-agreement” on draft-related issues, thought to be the last remaining significant hurdle in the ongoing negotiations.

There will not be hard-slotting, but the new deal is expected to carry restraints on the amount of total money a team can spend on draft picks from year to year. There will also be “significant changes” in draft-pick compensation for free agents, according to Rosenthal, meaning the Type A and Type B classifications might be restructured or completely dismissed.

An agreement must be reached by December 11. The way talks are going, it could be done this week.