What I remember the most about that last big 1994 work stoppage was that there were big spending owners in places like Baltimore at the time that wouldn't go with a salary cap, so the owners were nowhere near being unified. The only ones who were strongly together were small market teams and middle markets. The NY, LA, Chicago teams, as well as Toronto, Philly, Boston, and Atlanta were nowhere near as adamant about a salary cap as the others were. Fast forward to today, the big spending owners are just the big market owners, but I suspect they will torpedo the salary cap idea for the players, causing this work stoppage to be no salary cap, but an increase on luxury taxes for spending. And as we know, the LA, NY, Chicago, and Boston markets never have an issue with that tax when they are winning.
I'm conditioned to watch the best union of all time in any industry, the MLB Players Association, to win everything in this next stoppage because they always have. They wait out owners who aren't on the same page and still get the best payment setup.
IOW, MLB is going to still keep their best brands protected. It's the exact opposite of what the NFL has done, which is why the Dallas Cowboys can be the richest organization in the world, but absolutely suck for 30 years, as the rules don't help them any more than they do the Arizona Cardinals or Jacksonville Jaguars.