With the current collective bargaining agreement set to expire on December 1, 2021, Major League Baseball and the MLB Players Association have been in talks regarding the structure of the next CBA.

According to a report, MLB made its first core economic proposal to the MLBPA this week.

The proposal included a lower threshold for taxes on team spending, with teams subject to a 25% tax on any spending above $180 million. There would be three additional tax brackets at some point above that mark, according to the report.

It was also proposed that teams be subject to a $100 million salary minimum.