The sides added heavy restrictions on draft spending. Teams that spend more than 5% over-slot on the draft will face a 75% tax. Teams that go over slot by 5-10% face a 75% tax and the loss of a first rounder. Teams that go over slot by 10-15% face a 100% tax and the loss of a first and second rounder. Teams that exceed slot by 15% or more face a 100% tax and the loss of two first rounders. This set of rules will also reduce draft spending significantly, a bonus for owners.
http://www.mlbtraderumors.com/2011/11/cba-details-luxury-tax-draft-.htmlis there anything preventing a team from saying screw it, paying the 100% tax and just giving up first round picks in perpetuity?