Baseball is the only major American sport without a salary cap, allowing a few high-spending, big market teams to dominate the game. The Los Angeles Dodgers, winners of three of the last six World Series, spent more in payroll plus luxury tax last year than the six lowest-salaried teams combined. Most MLB teams will not have a 2026 payroll even half that of the Dodgers, with only a handful of other big-market teams carrying payrolls above $250 million. This imbalance will create a super league of 10 or even just five teams competing for a World Series title. The recent resignation of the MLB Players Association executive director is an opportunity to reset negotiations between owners and players towards restructuring baseball. However, the players’ union has rejected any discussion of a salary caps. Local television revenue is a key funding source for the MLB, making up a greater percentage of overall funding for the league than any other sport.