NFL Stuff

[Gunner55]

MLB's does have it's own version of the salary cap but they call it a luxury tax, or more specifically it's the Competitive Balance Tax. https://www.mlbtraderumors.com/2023/12/eight-teams-combine-for-record-209-8mm-in-luxury-tax-bills.html The #s there are a year old but it also kind of gives you an idea of how it works & how that money is split up.

[Rookie]

That's a joke. Those teams still sign who ever they want. Just look at that signing of Soto.

[Steve-o]

MLB's does have it's own version of the salary cap but they call it a luxury tax, or more specifically it's the Competitive Balance Tax. https://www.mlbtraderumors.com/2023/12/eight-teams-combine-for-record-209-8mm-in-luxury-tax-bills.html The #s there are a year old but it also kind of gives you an idea of how it works & how that money is split up.

From the article:
The $209.8MM in tax revenues will be split up in three ways by the league.  The first $3.5MM is devoted to funding player benefits, $103.15MM will go towards funding individual player retirement accounts, and the other $103.15MM will be put into a supplemental commissioner’s discretionary fund and distributed amongst revenue-sharing recipient teams who have grown their (non-media) local revenue over a pre-determined number of years.

What the hell does that mean?     So they take a measly $103MM and split it between 22 other teams and they call that competitive balance?     That's only like $4.7MM per team per year?   

[Rookie]

Baseball needs a Salary Cap not a Luxury Tax to level the playing field and make it equal to make it easier for the smaller city franchises to compete like the Twins.

[dutchboy]

Baseball needs a Salary Cap not a Luxury Tax to level the playing field and make it equal to make it easier for the smaller city franchises to compete like the Twins.

Never happen.

[Gunner55]

I agree, db. This from another pc on MLB's version that's dated 12/22/23.........................This past season, MLBPA executive director Tony Clark took a hard stance against that idea despite believing it eventually will be MLB's goal:

"We’re never going to agree to a cap. Let me start there. We don’t have a cap. We’re not going to agree to a cap.” 

[Rookie]

"A record nine MLB teams were over the luxury tax threshold for 2024, according to a memo sent to teams Friday and obtained by ESPN."

"The result was a record $311 million paid in penalties, led by the Los Angeles Dodgers who are paying $103,016,896. The New York Mets were next at $97,115,609. The Chicago Cubs were taxed the least, paying $570,309."

Easy to see where the big cities are. They pretty much are ALL paying the luxury tax and not seemed bothered by it at all.

[Gunner55]

The NBA has a similar "soft" salary cap where the teams are allowed to go over the amount the league sets but then they're "taxed" on it. The NFL & NHL both have "hard" caps where the teams are not allowed to go over the set amount.

[dutchboy]

Some owners realize that paying a million in tax and then filling the stadium, winning titles results in a long run of increased franchise value. Dodgers & Phillies & Atlanta are prime examples. On the other hand there are owners such as the Pohlads, Monfort in Colorado, Reinsdorf in Chicago that have buckets of money but prefer their rewards immediately (profits) vs the long term.

I don't care about a top cap which will never happen. I do care that that all teams should be required to spend 50% of the previous years highest payroll. In other words if the Yankees spend 300 million in 2025 on their 40 man roster, in 2026 all teams must spend 150 million on theirs. Bring the bottom closer to the top. If the owners can't afford that then they need to do as the guy who can't afford his house has to do..........sell to somebody who can.

Just my rambling thoughts on a Saturday morning in December.