Major League Baseball has proposed changes to free agent contracts. The proposal includes limiting most contracts to five years and capping them at 15% of a team's salary cap. Additionally, MLB wants to eliminate deferred compensation.

Further details of the proposal were discussed during a bargaining session. The plan is likely to be met with resistance from the players' association, potentially leading to a confrontation. For more information on the proposed changes and their potential impact, readers can refer to the full report from KSTP 5 Eyewitness News.