Report: Athletics to be phased out as revenue-sharing recipient in new CBA

The Oakland Athletics' penny-pinching ways may have ultimately cost them.

With MLB and the Players' Association agreeing to terms Wednesday on a new five-year CBA, the Athletics will reportedly be phased out as a revenue-sharing recipient over the next four years, FOX Sports' Ken Rosenthal reports.

The revenue sharing provision was introduced by the league in 1996 as a means of balancing revenue between all MLB teams, giving small-market clubs a financial boost at the expense of franchises in larger markets. The Athletics reportedly drew the ire of some in the union, however, who felt that the front office was not using the added income to improve the team.

Related: Report: A's could be stripped of revenue-sharing dollars

Oakland was awarded $34 million as part of the revenue sharing plan in 2015.

Without the bonus income, the team may be forced to increase their efforts to find a new stadium, according to Susan Slusser of the San Francisco Chronicle.