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Owners, Players Closing In On New Labor Agreement

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It looks like a new 5 year deal could be in place as early as today or tomorrow. This new deal would apparently significantly restrict the amount of money that teams can spend on draft picks and also on draft pick compensation for free agents. It will be interesting to see how this effects teams that focus on spending big in the Rule 4 draft, and how it will effect Epstein and Hoyer depending on how strict the slotting is.