Lockout Vocab
Moneyball
Business Concepts
Owners vs Players
Fun Facts
100

In Major League Baseball, this business tactic is used by owners to shut down league operations during labor disputes.

Lockout

100

This team won back-to-back World Series and has the second-highest payroll in the MLB, and is the main reason why a potential lockout could happen in 2027.

Los Angeles Dodgers

100

While not implemented in Major League Baseball, team owners want this put in place to "even the playing field".

Salary Cap

100

This side argues that players should be paid based on performance and market value without strict limits.

MLB Players

100

This year is when the first MLB lockout was ever recorded.

1973

200

This term describes when players collectively stop participating in games to demand better conditions or pay.

Strike

200

This team had 97 wins and 65 losses while being a bottom 15 team in payroll in the league, and was unfortunately swept by the Dodgers in the 2025 National League Championship Series.

Milwaukee Brewers

200

This "time period" allows for players to sign with new teams because their contract with the last team they played for has expired, and can also be postponed due to a lockout.

Free Agency

200

This group often supports players publicly during labor disagreements because of strong fan connection.

Fanbase/Fans

200

This type of team often pushes for a salary cap because they struggle to compete with high-spending franchises

Small Market Team

300

This MLB organization is considered one of the strongest unions in professional sports.

Major League Baseball Players Association (MLBPA)

300

This player received a 10-year, $700 million contract with the Dodgers, but will only receive $2 million per year while with the team, and the remaining $680 million will be paid out to him after the contract expires.

Shohei Ohtani

300

This process allows teams to keep their talented, young players in the minor leagues longer than needed in order to keep them in their control.

Service Time Manipulation

300

This type of conflict happens when players and owners cannot agree on a new contract system.

Labor Dispute

300

This is the nickname for the rule that punishes teams for spending way more money than everyone else.

Luxury Tax

400

Loss of income for restaurants, vendors, and stadium employees during an MLB lockout is an example of this.

Economic Impact

400

This player signed the largest contract in Major League Baseball history with the New York Mets, at 15 years and $765 Million.

Juan Soto

400

This process allows players and teams to agree on a contract where they get paid less while playing, and earn the rest of their money after the contract is up, allowing for more money to be spent on players.

Deferment

400

This concept explains the unequal power between wealthy team owners and individual players negotiating contracts.

Power Imbalance

400

It’s the giant payday process where players argue their value in front of a neutral third party.

Arbitration

500

MLB teams depend heavily on this emotional connection that keeps supporters engaged through controversies and labor disputes.

Fan Loyalty

500

This team had the highest payroll in 2025 at $342.3 million, and yet failed to even make the playoffs during 2025. Some owners believe we need a salary cap, but the team with the highest payroll couldn't even make any noise.

New York Mets.

500

This contract is agreed upon between players and owners that balances workload and benefits, and if a dispute were to happen, a lockout would occur.

Collective Bargaining Agreement (CBA)

500

This is the disagreement over how profits from tickets, TV deals, and merchandise should be divided.

Revenue Distribution

500

This is the term for when fans deal with the consequences of owners and players not being able to agree on league operations.

Caught In The Crossfire

M
e
n
u