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MLBPA Reports $415 Million War Chest Ahead of 2026 CBA Deadline

The disclosure signals both sides are stockpiling cash for a possible work stoppage.

Overview

  • The union’s LM-2 filing Tuesday detailed $415 million in cash and investments and $519 million in total assets at year-end 2025.
  • Players have let the union hold all 2024 and 2025 group licensing payouts, which can be sent to members during a lockout.
  • MLB clubs are withholding about $75 million per team from central-fund distributions, according to Associated Press reporting from a person familiar with the plan.
  • Leadership turmoil has added costs, with Tony Clark’s February resignation following an outside probe and legal bills of $4.3 million to Winston & Strawn and $100,000 to Morrison Foerster.
  • The MLBPA moved large sums into U.S. Treasuries to keep funds liquid, and formal labor talks are set to begin this spring before the Dec. 1 contract deadline.