Some details: MLB offered to raise 1st luxury tax tier to $214m, peaking at $220m

MLBPA free agency proposal:
Year 1 of deal, no change, 6 years service to become FA
Years 2-3: 6 years—or if age 30 1/2 & 5 years of service
Years 4-5: 6 years—or if age 29 1/2 & 5 years service

— Evan Drellich (@EvanDrellich) December 1, 2021