Baseball Players Locked Out After Not Reaching New Contract (1)

Major League Baseball team owners have initiated a lockout after failing to reach a new collective bargaining agreement with players.

“Despite the league’s best efforts to make a deal with the Players Association, we were unable to extend our 26 year-long history of labor peace and come to an agreement with the MLBPA before the current CBA expired,” the MLB said in a statement, referring to a collective bargaining agreement. “Therefore, we have been forced to commence a lockout of Major League players, effective at 12:01am ET on December 2.”

The lockout for now is largely symbolic given that ...