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10-29-2012, 09:45 PM
  #37
The Shrike
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Join Date: Jul 2008
Location: Toronto
Country: Canada
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Quote:
Originally Posted by mouser View Post
The NBA has been raising the luxury penalty because more owners are complaining about the payroll imbalances. The owners can't get enough agreement to implement a hard cap so instead they made the luxury taxes even more punative under the new CBA.
The small market owners complaints about payroll imbalance diminish right about the moment they hear the thud when the extra cash is deposited in their accounts.

Quote:
Originally Posted by mouser View Post
MLB's luxury tax is almost meaningless in the context of discussing whether the NHL should have a luxury tax. MLB's luxury tax is simply a soft cap on the Yankees payroll. 95% of all luxury tax collected in MLB history has been paid by the Yankees and the money collected isn't even distributed to the other teams.
That's a considerable amount of money, where does it go?

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