Quote:
Originally Posted by barrysloate
Jim- here's my solution to the problem:
Let's say the Yankees owe the Kansas City Royals $2 million in luxury tax. The money should be put in an escrow account, to be used towards a contract for a free agent. If the team can't negotiate a deal they like, the money stays in the account and more money is added the following year. Then the team could have $4 million available towards securing a player.
The whole point of the luxury tax is to create as much competitive balance as possible, so the team receiving it has to demonstrate to the league that that is what it is being used for. Just accepting free money to line one's pockets is a form of Socialism, don't you think?  |
Barry,
I agree these small market teams which get the stipend from the luxury tax should have to show where it has been spent before they see a dime.
Jeff