Photo credit: Charles Arbogast/AP Images

The collective bargaining agreement (CBA) between the MLB and the MLBPA was set to expire tomorrow and trigger a lockout, but according to Ken Rosenthal, the two sides reached a deal at the last minute. It’s now been 21 years since a work stoppage has interrupted an MLB season.

The luxury tax threshold will apparently rise under the new cap.

Note: My math was bad, and the last work stoppage was 21 years ago, not 25.