White Sox Minority Owner Mat Ishbia Backs MLB Salary Cap and $171.2M Floor

White Sox minority owner Mat Ishbia is backing a hard salary cap for baseball, paired with a minimum payroll requirement. He argues a floor would force teams to spend and help players, but says that as a minority owner he won't be making decisions in the labor fight. Owners want a $245.3 million cap and a $171.2 million floor. Players strongly oppose the cap, saying it limits pay and hurts players across the sport. The proposed floor is higher than the current payrolls of 12 clubs, including the Brewers and Rays.