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1/11/2014 12:43 P.M. ET

Major League Baseball statement

Major League Baseball issued the following statement today regarding the decision rendered by Arbitrator Fredric Horowitz in the matter pertaining to Alex Rodriguez:

"For more than five decades, the arbitration process under the Basic Agreement has been a fair and effective mechanism for resolving disputes and protecting player rights. While we believe the original 211-game suspension was appropriate, we respect the decision rendered by the Panel and will focus on our continuing efforts on eliminating performance-enhancing substances from our game."

This story was not subject to the approval of Major League Baseball or its clubs.