NEW YORK (AP) — Negotiators for locked-out players made their latest counteroffer to Major League Baseball after Commissioner Rob Manfred let pass his deadline to reach a deal preserving a 162-game season.

Some more context here, per sources. The proposed international draft would break teams into pods of 7 or 8. They would rotate draft position to theoretically have access to top talent every four years. Draft position would not be based on record. And picks would be tradable. https://t.co/hs3SsAsHCb

— Jeff Passan (@JeffPassan) March 9, 2022

The sides negotiated on and off for 16 1/2 hours until 3 a.m. Wednesday morning, then broke for the union to hold a morning conference call with its executive board.

Union chief negotiator Bruce Meyer and general counsel Ian Penny then walked three blocks through a wintry mix of rain and snow to deliver the proposal to MLB’s office, then headed back to the union headquarters.