Jump to content

Owners propose 180m luxury tax, 100m salary floor


ron883

Recommended Posts

Posted here because this is very important to the Sox given their competitive window. 

https://www.mlbtraderumors.com/2021/08/mlb-reportedly-proposes-180mm-first-luxury-tax-threshold-100mm-salary-floor-to-mlbpa.html

100m salary floor is good. 180m luxury tax is pretty abysmal. Can't see the MLBPA going for that even with the salary floor. 

Edited by ron883
Link to comment
Share on other sites

27 minutes ago, South Side Hit Men said:

Fuck MLB owners. All 30.

The CBA already calls for teams to spend the revenue sharing threshold, which was $91M in 2019.

The current CBA doesn't mandate anything. A salary floor actually would. A luxury tax to redistribute the vast difference teams like the Dodgers make compared to someone like the Rays is absolutely needed. The NBA has one and the NFL has full revenue sharing.

$180 million won't be accepted though, probably need to be closer to $225M

  • Like 1
Link to comment
Share on other sites

12 minutes ago, CeaseAndExist said:

The current CBA doesn't mandate anything.

The CBA states otherwise.

https://www.mlbtraderumors.com/2018/02/mlbpa-files-grievance-against-four-teams-over-revenue-sharing-funds.html

Quote

Revenue-sharing dollars — which will be phased out for the A’s under the current Basic Agreement — are required to be spent for improving the MLB performance of recipient clubs. That doesn’t necessarily mean it all must go to player salaries, but though teams are required to report on how they use the money. And as JJ Cooper of Baseball America notes on Twitter, successive collective bargaining agreements have tightened the permissible uses.

 

Link to comment
Share on other sites

44 minutes ago, reiks12 said:

180 million how laughable, the owners are really pathetic. When the strike comes its going to be framed in a way to blame the players but the owners are real turds and responsible for 99% of it.

The 180 is just when the first penalty is. Its not a hard cap.

I love the proposal. A salary floor us what the league needs to stop the tanking and making the league more competitive. 

  • Like 1
Link to comment
Share on other sites

" The new initial tier would be $180 million, and tax rates would begin at 25 percent. The current system has the initial tier at $210 million with tax rates starting at 20 percent. "

 

Yeah no, that ain't going to be agreed upon. Owners want a lower initial tier, with HIGHER tax on it? Yeah, ok. MLBPA will laugh pretty easily, at that.

  • Thanks 1
Link to comment
Share on other sites

Players salaries are not too high right now... however, if the owners get what they want and stop the increase in salary then they better lower ticket costs for the fans, otherwise I'd rather see the owners money going to the players. If they just pocket the extra revenue then that's wrong. 

Link to comment
Share on other sites

8 hours ago, Green Line said:

Its a good plan.  The players' salaries are way too high to begin with.

Based on what? MLB players get a smaller percentage of total revenues than the other major sports. Less money for the players just puts more money in the pockets of billionaires, it isn't going to trickle down to you or me.

 

  • Like 1
Link to comment
Share on other sites

9 hours ago, Capn12 said:

" The new initial tier would be $180 million, and tax rates would begin at 25 percent. The current system has the initial tier at $210 million with tax rates starting at 20 percent. "

 

Yeah no, that ain't going to be agreed upon. Owners want a lower initial tier, with HIGHER tax on it? Yeah, ok. MLBPA will laugh pretty easily, at that.

It's a good starting point for negotiation as the salary floor is really enticing. 

It will keep teams from totally ranking, make the league more competitive and bring the lower salaries up.

Link to comment
Share on other sites

Just now, Jerksticks said:

I just question how much money the poor teams make and if they can absorb a salary floor.  I have absolutely no clue.
 

But if the owners as a group are proposing this, does that mean all 30 are cool with the floor? 

Part of it will be offset by the lower ceiling as it will create more revenue for the lower salary teams. 

Link to comment
Share on other sites

11 hours ago, ptatc said:

The 180 is just when the first penalty is. Its not a hard cap.

I love the proposal. A salary floor us what the league needs to stop the tanking and making the league more competitive. 

THe luxury tax has basically been acting as a hard cap; almost no one wants to be over the tax threshold for multiple years as the tax scales. 98% of the teams won't go over it.

Edited by Look at Ray Ray Run
  • Like 1
Link to comment
Share on other sites

31 minutes ago, WhiteSoxFan1993 said:

Based on what? MLB players get a smaller percentage of total revenues than the other major sports. Less money for the players just puts more money in the pockets of billionaires, it isn't going to trickle down to you or me.

 

The old argument is that MLB has higher development costs, compared to NFL and NBA.  Just sayin....

  • Like 1
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...