Author Topic: New CBA reached, will be announced next week.  (Read 2276 times)

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Online HalfSmokes

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Re: New CBA reached, will be announced next week.
« Reply #50: November 22, 2011, 03:32:19 PM »
Quote
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-.html

is there anything preventing a team from saying screw it, paying the 100% tax and just giving up first round picks in perpetuity?