Fear not English majors and Swift fans, this Modest Proposal leaves most infants intact.People are outraged at the Yankees' spending spree this offseason. They're probably more outraged that the luxury tax tab to the Yankmes falls in the mid-$20Ms. If they thought about how many times we heard about the Pirates, Royals, Twins, Mariners, Rays, etc., etc., this offseason, they'd probably be more upset.Here is my luxury tax proposal.On April 1st, rank the teams from 1 to 30 in terms of overall payroll. Draw a benchmark between the 15th and 16th highest spending teams. Each team above the mark has to pay the percentage they are over the line in millions of dollars to an MLB-controlled escrow fund. In other words, if the median team salary is $100M, a team with salary totalling $200M would be $100M over the line, or twice the median salary, or 100%. Such a team would owe the kitty $100M. A team with a salary of $105M would owe $5M. Most likely, 20 teams would fall within 10% ...
Found December 25, 2008 on
East Coast Bias:
TEAMS:
New York Yankees,
Pittsburgh Pirates,
Kansas City Royals,
Minnesota Twins,
Seattle Mariners,
Tampa Bay Rays
Original Story:
2 Comments:
-
That small adjustment that only allows spending the next year just needs an adjustment in order to allow the team to spend said monies to offer extensions to their players under contract. That would enable good talent to stay more often than the current system.
-
Actually, in the comments section on the blog I agreed that the money should be allowed for ANY spending that directly improves the team's ability to be competitive.
Yardbarker aggregates the latest sports news, rumors and gossip from around the web. We use proprietary algorithms to automatically categorize stories and associate photos with articles. If you feel an article was miscategorized, please email tagging@yardbarker.com.
THE BACKYARD
AROUND THE WEB
MLB Forum Discussions
|
|
|
|
|
Today's Best Stuff |
For BloggersJoin the Yardbarker Network (YBN) for more promotion, traffic, and money. |
Company Info |
Help |
What is Yardbarker?Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond. |
