STL Post Dispatch: Blues [players] get economics lesson
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11-12-2003, 04:46 AM
Need a slump buster
Join Date: Mar 2002
Originally Posted by
A matrix of revenue sharing that resembles a luxury tax. The teams with the highest payrolls would pay a penalty that would be redistributed to the teams with the lowest payrolls to use on player acquisition
I wish they had more detail than just this. What is the "cut off" number they are using to tax? Is it 60 million or 40 million? It makes a huge difference.
All in all, it looks like if the owners are dead set on a salary cap. There is gonna be a long lockout.
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