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MLB, Players Reportedly Reach Agreement On 2020 Season

A closeup of MLB Commissioner Rob Manfred.

HOUSTON, TX - OCTOBER 28: Major League Baseball Commissioner Robert D. Manfred Jr. speaks to the media during a press conference prior to game four of the 2017 World Series between the Houston Astros and the Los Angeles Dodgers at Minute Maid Park on October 28, 2017 in Houston, Texas. (Photo by Bob Levey/Getty Images)

On Thursday night, Major League Baseball and the players reportedly reached an agreement on the 2020 season.

According to a report from ESPN's MLB insider Jeff Passan, said the two sides are expected to ratify the deal on Friday. In the deal, "MLB owners will advance players $170 million for April and May."

If the MLB decides to cancel the season, the players keep that money. The MLB draft will go on, but the 2020 draft could be shortened to just five rounds. Meanwhile, the drafts in 2021 and 2022 will be impacted the by the decision as well.

Earlier this week, MLB commissioner Rob Manfred vowed that "baseball will be back." However, the league is clearly taking steps to protect its players if the season is canceled.

The sporting world has been put on hiatus over the past few weeks.

Although Manfred hopes the season will commence at some point, there exists a possibility that there won't be a season.

Arbitration rules for the 2020 season are also undergoing significant change. According to Passan's report, "arbitration rules will be adjusted so players are not penalized for putting up counting stats that don't stack up to past comparables."

Now we'll have to wait and see if there is a season after all.