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08-14-2012, 01:07 PM
  #138
Cliffy1814
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Join Date: Nov 2011
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Quote:
Originally Posted by BroadwayHustle View Post
The new Luxury tax for Baseball starts 2014 (i believe) and its 50% penalty. Its going to work because no team will pay a 50% penalty for how much over, so it essentially becomes a hard cap
Yes, very true. I should have specified that it has never worked in the past. I believe the Yankees have already stated they will not exceed the threshold under any circumstances. That will be a nice trick with againg ARod, CC, and Tex eating up about 40% of the payroll.

Back to hockey though...50% tax or anything close to that is not realistic for this CBA given the fact tghere already is a hard cap. Large market owners will argue that is all that is needed.

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