Yankees Owner Hal Steinbrenner Open to Salary Cap If Small-Market Teams Raise Payrolls

Steinbrenner said he would consider a salary cap for 2027 if low-spending teams were required to increase their payrolls.
MLB owners are discussing implementing a salary cap and the Athletics potentially moving to Las Vegas.
Players have long opposed any salary cap out of fear it would reduce overall spending on player contracts.
Steinbrenner worries small-market teams aren’t investing enough in their rosters and says it’s“not good for the game.”
Steinbrenner is willing to increase the Yankees’ payroll ahead of the Aug. 1 trade deadline if needed.