Sports: MLB Lockout 101: Everything to know about baseball's likely upcoming work stoppage

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Major League Baseball owners and the MLBPA are negotiating a new collective bargaining agreement (CBA) ahead of the December 1, 11:59 p.m. ET deadline. A primary point of contention is the implementation of a salary cap, which owners have pursued since the 1994-95 strike. If an agreement is not reached, a lockout is expected, during which team owners refuse to permit work.

A lockout triggers a transaction freeze, preventing the trading of 40-man roster players and the signing of free agents. It also results in the removal of player content from MLB.com and a prohibition on contact between players and club staff. A prolonged lockout could cancel the Rule 5 Draft or delay the exchange of arbitration figures and spring training schedules.

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