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Sports Labor: Major League Baseball Gets It Right07:24
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Major League Baseball commissioner bud Selig is flanked by VP of Labor Relations Rob Manfred and Players Association Executive Director Michael Weiner after announcing a new five-year collective bargaining agreement.  (AP)
Major League Baseball commissioner bud Selig is flanked by VP of Labor Relations Rob Manfred and Players Association Executive Director Michael Weiner after announcing a new five-year collective bargaining agreement. (AP)

While the NBA and the entity formerly known as "the union" were girding for legal battles, Major League Baseball and the MLB Players' Association announced the successful completion of a new collective bargaining agreement, meaning that there will be no work stoppages in baseball for at least five years.

Tuesday's agreement explands the playoff field from 8 teams to 10, establishes blood testing for Human Growth Hormone, and contains new rules intended to create greater competitive balance between large and small market teams.

Jonah Keri of Grantland joins Bill to evaluate baseball's new collective bargaining agreement.

This segment aired on November 26, 2011.

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