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CHICAGO ) -- U.S. Major League Baseball owners delayed implementing a salary cap, saying they would impose it in a week if a settlement with players was not reached by then.
Owners approved a resolution Thursday that gave the executive council the power to impose the salary cap if there isn't a settlement by Thursday. The vote was 25-3, according to several participants, with the Baltimore Orioles, New York Mets and Toronto Blue Jays in opposition.
"If the union really wants to reach an agreement, we're going to give it more time," acting commissioner Bud Selig said. "But it must address ... our central issue: establishing a relationship between revenues and salaries."
Salary Cap Delay
17 December 1994
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