Acting Major League Baseball commissioner Bud Seli

CHICAGO, IL – DECEMBER 15: Acting Major League Baseball commissioner Bud Selig announces at a press conference in Chicago, IL, 15 December 1994 the deadline for the unilateral implementation of an owner’s salary cap will be delayed for seven days. Approval of the measure was voted in by the owners during a meeting in Chicago. (Photo credit should read EUGENE GARCIA/AFP/Getty Images)

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