Found August 12, 2009 on MVN:
Lbj
Throughout sports history the common assessment is that leagues benefit from a salary cap. Caps even the playing field between small and big market cities, create parity, and raise the level of competition. Better competition means higher hopes for fans that wish to see their team win a championship, and more exciting and well played games. The NBA has a salary cap regulated by the policy of the "luxury tax". The luxury tax for the 2009 season is set at 57.7 million ...

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