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Created on: January 28, 2007 Last Updated: October 31, 2008
A salary cap system makes fiscal sense, any normal business, except in professional sports, does a person's salary multiply 15 times their previous amount. Their performance might increase 10 percent from the previous year, and by the way, the word "year" is loosely used, since their "year" ranges from 5 months to 9 months.
Someone who is doing their job and they do that they are supposed to 30 perfect of the time, can be rewarded handsomely. I am describing someone who batted .300 and is due to for a new contract.
Baseball needs a salary cap before all this over-spending will affect the fan, even more than it already has. Baseball is an event just 10 years ago, you could get tickets, a hot dog, and popcorn for a family of four and spend around $80 dollars. You're lucky if you don't spend that amount of money on two people going to a game and sit behind a support beam.
Luxury taxes that are paid by teams who spent well over the league average has to pay huge dividends to the league and then that money is given to the smaller market teams such as Tampa Bay and Kansas City. The shared revenue has even cut into merchandise and national television contracts, there were talks with the league that they were thinking about also taking a percentage of the local revenue, which is a large portion of the extra money a team acquires and basically all revenue the team makes would go to the league and then separated back, accordingly.
I would like to see the salary cap at around 130 million. It is still large and only a few teams were affected. I think it is essential. I do not believe MLB can afford to have another free-spending of an off-season as they did this year. I cannot see a rational person, in a salary cap system, giving a middle-relief pitcher 10 million a year.
This would even things out and maybe help out the common fan that just wants to share the experience the joy and fanfare of a professional baseball game. This game basis itself on history so strongly, MLB is able to do so 'cause going to a baseball game in the summer is as common as going to picnic or the community pool...sadly, I think the youth of America is missing out on watching an MLB game due to over-inflated prices as well as over-inflated egos of team owners and MLB Player's Association.
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