Quote:
Originally Posted by Pelican
Somewhere (I can't find it) in this thread there was a comment (maybe facetious) about how the luxury tax works like a "soft" salary cap.
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That was me. It's not my observation, but one that others following the sport have made numerous times over the years
Quote:
Originally Posted by Pelican
To the extent that was serious, I don't think it does. Teams (looking at you, Mets) that want to spend the money just blow by the limit and pay the tax. (The Mets of course also prove that merely throwing money at a problem does not always fix it.). It's only money. A hard cap is the only way to stop that.
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That one team chooses to pay the tax isn't the point, it's how that potential price affects team spending overall. The players were certainly concerned about the tax hindering the spending of clubs, hence why they wanted the thresholds raised. (The players will also
never accept a hard salary cap,)