Yankees president Randy Levine says he is 'confident' MLB will avoid a lockout despite cap fight

What happened: The MLB collective bargaining agreement expires Dec. 1, and owners are expected to lock out players if no deal is reached. Yankees president Randy Levine said he is confident an agreement will be reached. Key numbers: CBA expires Dec. 1. Yankees payroll $336 million, third-largest in 2026, behind Dodgers ($422 million) and Mets ($338 million). Why it matters: The dispute centers on a salary cap, which MLB has never had. Levine called the current stage posturing, while Hal Steinbrenner said he supports the owners' proposals, all of which include a cap.

The MLB collective bargaining agreement expires Dec. 1, and owners are expected to lock out players if no deal is reached. Yankees president Randy Levine said he is confident an agreement will be reached.

The dispute centers on a salary cap, which MLB has never had. Levine called the current stage posturing, while Hal Steinbrenner said he supports the owners' proposals, all of which include a cap.