Should Baseball have a salary cap?

[robinhoodnik]

/blink. blink./

Wait, you're not actually trying to argue that the Yanks were just trying to be nice guys and "help out" the rest of major league baseball by signing bad contracts, are you?

LOL

I think I may have finally heard everything.

No, but they inadvertently helped out. Without all that cash overflowing the vaults, some other poor sap might have been stuck with something close to those deals.

[rushfan_2112]

AKA revenue sharing and luxury tax?

Kind of. According to my research, only a few teams have paid the tax, about a handful or so. Instead of having the $155 million threshold that's in place, which would only include the Yanks, lower it to about $100 million, which would cover the top 1/3 of the teams in MLB. As far as the bottom 1/3, they're all at less than $70 million, and would need most of the tax money. I would say that for teams with a payroll between $100 million and $125 million, they could be taxed maybe 10-25%. 3/4 of which could be evenly distributed between the teams with a payroll of less than $70 million, and a 1/4 of which can be distributed to the teams between $70-$100 million. A payroll between $125 million and $150 million should be taxed maybe 25-40% and a 75/25 split between the lower and middle brackets. And those over $150 million could be taxed 40-50%, and given a 75/25 split for the lower two brackets.

It should be noted that I used 2008 salaries. As far as 2009 is concerned, it's probably changed, but the principles are still the same.

[HoustonGM]

I think the more pressing issue is making sure that the revenue sharing money that the lesser teams get actually gets put into the baseball team instead of pocketed.

[filihok]

Kind of. According to my research, only a few teams have paid the tax, about a handful or so. Instead of having the $155 million threshold that's in place, which would only include the Yanks, lower it to about $100 million, which would cover the top 1/3 of the teams in MLB. As far as the bottom 1/3, they're all at less than $70 million, and would need most of the tax money. I would say that for teams with a payroll between $100 million and $125 million, they could be taxed maybe 10-25%. 3/4 of which could be evenly distributed between the teams with a payroll of less than $70 million, and a 1/4 of which can be distributed to the teams between $70-$100 million. A payroll between $125 million and $150 million should be taxed maybe 25-40% and a 75/25 split between the lower and middle brackets. And those over $150 million could be taxed 40-50%, and given a 75/25 split for the lower two brackets.

You must have a very firm grasp of MLB's finances to come up with such exact numbers

[rushfan_2112]

You must have a very firm grasp of MLB's finances to come up with such exact numbers

I just did a little bit of research as to where which team stood, as of 2008. More or less I'm trying to group all 30 teams into 3 equal 10 team brackets. The top 1/3 being over $100 million, the bottom 1/3 being less than $70 million, which made things easier for the purposes of this. I'm by no means an expert on finance, but at least to me it seems like a good idea.

[filihok]

My point is why do you think it needs to be changed?

Some of this is spill over from other threads but,

people keep just making up numbers. But they don't know. We don't know how the Yankees finances really look. We don't know how the Pirates finances really look.

People say, "I don't want so and so on my team, he's too expensive" but they have NO IDEA about the finances for that team.

[rushfan_2112]

My point is why do you think it needs to be changed?

Some of this is spill over from other threads but,

people keep just making up numbers. But they don't know. We don't know how the Yankees finances really look. We don't know how the Pirates finances really look.

People say, "I don't want so and so on my team, he's too expensive" but they have NO IDEA about the finances for that team.

I don't know if your point was directed towards me, but I never said I think it needs to be changed. I simply came up with 2 ideas. As far as knowing what a certain teams finances are, not many people outside of a specific organization would know, because most financial records aren't released to the public. And for the record, I didn't make up any numbers, except for the numbers I suggested using, more or less figuratively speaking. Here's where I got payroll information.

http://en.wikipedia.org/wiki/List_of...ams_by_payroll
http://www.cbssports.com/mlb/salaries
http://proathletesonly.com/news/fron...r-2008-season/
http://blog.sportscolumn.com/story/2...8_MLB_Payrolls

All the numbers seem pretty consistent to me. As far as other finances, I've looked and there's no place to find them.