Major League Soccer and its players’association came to an agreement on a new Collective Bargaining Agreement. Unlike some negotiations, in this case both sides are calling it a win.
The MLSPA appeared to get much, though obviously not all, of what it wanted. On the plus side there is more money for the players, and their ability to compete for it has increased. There are now two main salary budget buckets of money that must be spent “Guaranteed Spend” (salary budget and General Allocation Money, with TAM converted into the latter) and Discretionary Spend (Designated Players, discretionary TAM, and investment in a still-to-be-hashed-out U-22 player initiative). The bottom line: players will be able to compete for a greater share of the salary pie that had previously gone only to TAM players making between roughly $540,000 and $1.5 million.
Find out more about the new CBA in this overview:
“This agreement represents broad progress for all players, and that’s something that wasn’t quite solved in 2015.”Ethan Finlay, MLSPA executive board member and Minnesota United midfielder
“This agreement addresses key strategic priorities for the league and our players while also retaining the basic player compensation structure that has been the foundation for the growth and stability of Major League Soccer,” said Don Garber, MLS commissioner