Market resolves YES if the 2027 MLB season begins by July 4th 2027 with a collective bargaining agreement in place that institutes some form of salary cap to commence sometime during the term of the collective agreement.

Market resolves NO if the 2027 MLB season begins by July 4th 2027 with a collective bargaining agreement in place that does not institute some form of salary cap to commence sometime during the term of the collective agreement. The market also resolves NO if the parties begin the season under a temporary agreement that does not include a cap while they continue to negotiate and also resolves NO if the season doesn't start prior to July 4th 2027 or is cancelled entirely.