BREAKING: Major League Baseball and the MLB Players Association have reached a tentative agreement on a new labor deal, sources tell ESPN. While it still needs to be ratified by both parties, that is expected to be a formality, and when it is:

Baseball is back.

— Jeff Passan (@JeffPassan) March 10, 2022

The worst possible day to have Jeff Passan hacked. We all lose. pic.twitter.com/thBUzNKCkz

— Bleacher Nation (@BleacherNation) March 10, 2022

The MLBPA has sent out a press release highlighting aspects of the new CBA it finds favorable. pic.twitter.com/wL4pf8cu5K

— JJ Cooper (@jjcoop36) March 11, 2022

Some final details of a CBA where players made some notable gains:
• Pre-arb bonus pool at $50m
• Min salary: $700k, $720k, 740k, $760k, $780k
• CBT: $230m-$244m
• Draft lottery at 6 picks
• Universal DH
• Amateur draft is 20 rounds
• Player can be optioned 5 times per yr

— Evan Drellich (@EvanDrellich) March 10, 2022

Read more: https://t.co/lRou2YWEmu pic.twitter.com/wVmeXmtmlh

— MLB (@MLB) March 10, 2022

Latest MLB proposal, per source:

Luxury-tax thresholds – $230M to $244M over course of five-year deal. (increase of $2M in final year from last offer)

Pre-arb pool: $50M (increase of $10M)

Minimum salaries, $700K to $780K. (increase of $10K in final year)

3 p.m. “deadline.”

— Ken Rosenthal (@Ken_Rosenthal) March 10, 2022

Make up doubleheaders to get 162 in would be 9 innings.

— Jesse Rogers (@JesseRogersESPN) March 10, 2022

If there’s an agreement and both sides ratify today, free agency can start TONIGHT, per source.

— Jesse Rogers (@JesseRogersESPN) March 10, 2022

MLB and the MLBPA agreed that they have until July 25 to reach a deal on an international draft that would start in 2024, a source tells ESPN. If a deal is reached, the qualifying offer will vanish. If no deal, the QO will return and the international system will remain the same.

— Jeff Passan (@JeffPassan) March 10, 2022

MLB & MLBPA agreed to ban shifts, implement a pitch clock & make the bases larger in 2023, per @JonHeyman pic.twitter.com/06YTlai8Qa

— FOX Sports: MLB (@MLBONFOX) March 7, 2022

Final vote from the eight on the executive subcommittee and 30 player reps, per sources: 26-12 in favor of the new labor agreement.

— Jeff Passan (@JeffPassan) March 10, 2022

On my scorecard, union got very good deal. $230M CBT threshold in ‘22 (9% rise), $700K minimum (23% rise), $50M bonus pool (new money). Qualifying Offer likely goes away (assuming World Draft is agreed to), universal DH, draft lottery, full service time for RoY, more.

— Jon Heyman (@JonHeyman) March 10, 2022

2021 Rule 5 Draft Officially Canceled https://t.co/u4tkXkK2ic pic.twitter.com/PysYjp7DUl

— MLB Trade Rumors (@mlbtraderumors) March 10, 2022

Some final details in new CBA, per source:
* $50M pre-arbitration bonus pool
* Minimum salary of $700,000 in 2022, increasing by $20K per year
* CBT $230M in 2022, rising annually to $233M, $237M, $241M, $244M
* 6-pick draft lottery
* Universal DH
* 12-team expanded postseason

— Mark Feinsand (@Feinsand) March 10, 2022

Re: service time… top prospects who finish 1st or 2nd in their league's Rookie of the Year voting will receive a full year of service. Teams that promote top prospects to the Opening Day roster will also be eligible to receive draft picks with Top 3 ROY or Top 5 MVP/CY finish.

— Mark Feinsand (@Feinsand) March 10, 2022

Some details emerging on how the expanded playoffs will work:

* No more Game 163 tiebreakers. All playoff spots will be determined through NFL-type tiebreaker formulas.

* No re-seeding for the LDS. 1st seed plays winner of 4 vs. 5 Wild Card Series. 2nd seed plays 3 vs 6 winner.

— Jayson Stark (@jaysonst) March 10, 2022

The four tax thresholds in year one of this deal:

$230 million
$250 million
$270 million
$290 million

FWIW the current #Mets tax payroll projection from @fangraphs RosterResource:

$271.1 million

— Jayson Stark (@jaysonst) March 10, 2022

As @Feinsand reports, the *Kumar Rocker Rule* made it in. Any "Top 300" player drafted that submits a pre-draft physical must be offered at least 75% of the slot value associated.

Glad this made it in.

That said, ironically, in 2021 Rocker did not submit his medicals pre-draft.

— Joe Doyle (@JoeDoyleMiLB) March 10, 2022

One interesting nugget in the new agreement: Starting in 2023, the schedule will feature fewer divisional games, and every team will play at least one series against every other opponent, including in the other league. The exact format is still being determined.

— Jared Diamond (@jareddiamond) March 10, 2022

MLB and the PA agreed to stage games or "tours" in the following places over the next five years, per source:

* Mexico
* Asia
* Puerto Rico
* the Dominican Republic
* London
* Paris

— Tim Healey (@timbhealey) March 11, 2022

All 18 non-playoff clubs will enter a lottery for the top six picks. The percentage chances of each team getting the No. 1 choice, in reverse order of winning percentages: pic.twitter.com/lzWR3PeOqW

— Jim Callis (@jimcallisMLB) March 11, 2022

Breaking news: The MLBPA has voted yes to the deal on a new CBA, per source. Deal must still be ratified, though it is expected to happen without issue.

— Mark Feinsand (@Feinsand) March 10, 2022