I was mostly ambivalent over the arbitration dispute, but I do wonder what its effects on the grander scheme of the CBA will be. I don't see how we don't lose at least one season of baseball at the rate we are going.
The infighting amongst owners will need to be settled before a new deal can even be negotiated. The Walter (LAD), Cohen (NYM), & Steinbrenner (NYY) coalition are probably pretty okay with the status quo. The Nutting (PIT), Castellini (CIN), and Monfort (COL) groups are going to be out for blood. And then a ton (including Ilitch) land somewhere in the middle, who won't want a season of lost revenue but also recognize the need for reform. Amongst the owners, the conversation probably starts with revenue sharing, which is a hot mess right now. You've got the New York, LA, and Chicago media markets that are doing just fine. And then Milwaukee, Tampa, and Cincinnati are making a tenth of that money, while many local TV deals are going sideways. All the while, the Dodgers benefit from a Chicago Parking Meter like deal with MLB. Revenue sharing is at 48% right now... where do you go from there?
Beyond revenue sharing, when push comes to shove at the table between owners and MLBPA, what are the owners even going to fight for? Presumably a salary cap, which if they are serious about, will probably cause an NHL 2004-2005 lockout in and of itself. Of course, that should probably be accompanied with a salary floor that will ruffle the feathers of the cheaper owners (see revenue sharing above). Now after Skubal, a lot of owners will want to see arbitration get an overhaul too. Will the entire rookie ball system of control need to get one too if high profile players aren't guaranteed a payday in year 7/8? Everything is a mess. It feels like by March 2027, there is a chance they'll have only torn down, and anything and everything will be on the table and up for grabs.
Speaking of the NHL, it is the most comparable professional sports league in terms of revenue/game (obviously only because MLB has nearly double the games). Yet, the highest paid player AAV in the entire NHL ($14MM) would be outside the top 90 highest players in MLB. Now, should the owners go to the table and say "we want to be more like the NHL"? Obviously not. But, I do think they have a point that higher profile players in their league are paid significantly more commensurately than the other professional leagues.
It's all just messy and I don't see any easy path forward for anybody.