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Hours into Major League Baseball's first work stoppage in 26 years, commissioner Rob Manfred said the union's proposal for greater free agency and wider salary arbitration would damage small-market teams.

Not all players make eight or nine figures. For hundreds of veterans, their paychecks have been getting slashed -- and this winter, it might only get worse.

Free-agent pitcher Marcus Stroman reached a three-year deal with the Cubs that sources said is for $71 million and includes an opt-out after the second season.

MLB has implemented a player lockout for the first time since 1990 after the league and players' union failed to reach a new labor contract agreement.

Will baseball's labor strife halt the hot stove and possibly even delay the 2022 season?

Boston shipped outfielder Hunter Renfroe to Milwaukee for Jackie Bradley Jr. and prospects Alex Binelas and David Hamilton.

Right-handed pitcher Nick Martinez, who pitched in Japan for the past four seasons, has joined the San Diego Padres on a four-year, $20 million deal, sources told ESPN.

Free-agent left-hander Rich Hill has signed a one-year, $5 million contract to join the Boston Red Sox, the team announced Wednesday.

Right-handed pitcher Nick Martinez, who pitched in Japan for the past four seasons, has joined the San Diego Padres on a five-year, $20 million deal, sources told ESPN.

Free-agent left-hander Rich Hill has agreed to a one-year deal to join the Boston Red Sox, a source told ESPN's Jeff Passan on Wednesday.

Chris Taylor, who earned his first All-Star nod in 2021 while playing six positions for the Dodgers, agreed to a four-year, $60 million deal to return to the team, sources said.

Cubs president Jed Hoyer has promised fans that the team will rebuild quickly this time. If that's the case, signing Marcus Stroman was a good place to start.

A lockout of Major League Baseball players appeared imminent after talks between the league and union ended after just 7 minutes of negotiations Wednesday afternoon, less than 12 hours before the expiration of the game's collective-bargaining agreement.

Dylan Bundy has joined the Minnesota Twins on a one-year, $5 million contract.

Free-agent pitcher Marcus Stroman announced on social media that he has reached a deal with the Chicago Cubs and that he's ready to "get to work."

Closer Mark Melancon and the Arizona Diamondbacks have agreed to a two-year, $14 million contract, a source told ESPN's Jeff Passan.

Chris Taylor, who earned his first All-Star nod in 2021 while playing six positions for the Dodgers, is expected to return to the team via free agency, sources told ESPN.

Closer Mark Melancon and the Arizona Diamondbacks have agreed to a two-year, $14 million contract, a source told ESPN's Jeff Passan.

New Mets pitcher Max Scherzer said the pressure of playing in New York "is a privilege, not a problem" and he looks forward to helping shape the culture of the team's clubhouse, which faced controversy last season.

LaMarr Hoyt, who won the 1983 American League Cy Young Award with the White Sox, has died. He was 66.