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10-01-2003, 05:03 AM
  #26
CREW99AW
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There are 3-4 cash cows in the nhl just like in baseball.Teams that would not mind paying a luxury tax for going over a $40m-$45m cap because they are already spending $65m-$80m a yr while making a profit.

also the level of payroll in the nhl is pretty wide.Last yr Minn' payroll was at $20m and the nyr's payroll ended up at over $80m.I think TB's payroll was around $27m.

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10-01-2003, 05:16 AM
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Quote:
Originally Posted by CREW99AW
There are 3-4 cash cows in the nhl just like in baseball.Teams that would not mind paying a luxury tax for going over a $40m-$45m cap because they are already spending $65m-$80m a yr while making a profit.

also the level of payroll in the nhl is pretty wide.Last yr Minn' payroll was at $20m and the nyr's payroll ended up at over $80m.I think TB's payroll was around $27m.

You cant compare MLB to the NHL. The Yanks are the high around 160 million (i think). The lowest is around 40 million. Thats a 120 million dollar difference. The NHL high is around 80 million, the lower around 27. Thats a 53 million dollar difference.

And in MLB there is only one Cash Cow that goes over the limit. Thats the Yanks. Everyone else is on or under that number.
45 million for the NHL would effect nearly 1/2 of the teams. Most of the teams over than number will lower thier payroll to be below it. Isn't that the idea? The create a more equal playing field

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10-01-2003, 05:41 AM
  #28
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Quote:
Originally Posted by JWI19
You cant compare MLB to the NHL. The Yanks are the high around 160 million (i think). The lowest is around 40 million
I think there are payroll's that are lower than that in MLB. I remember hearing about team's with payrolls in the teens.

I'll try to check it out when I have the time.

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10-01-2003, 08:40 AM
  #29
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Quote:
Originally Posted by JWI19
You cant compare MLB to the NHL. The Yanks are the high around 160 million (i think). The lowest is around 40 million. Thats a 120 million dollar difference. The NHL high is around 80 million, the lower around 27. Thats a 53 million dollar difference.

And in MLB there is only one Cash Cow that goes over the limit. Thats the Yanks. Everyone else is on or under that number.
45 million for the NHL would effect nearly 1/2 of the teams. Most of the teams over than number will lower thier payroll to be below it. Isn't that the idea? The create a more equal playing field
before the Mets season fell apart and they started trading higher priced vets to make room for their prospects,the Mets payroll was up in the $90M-$100m range.I think the Red Sox also had a payroll in the $90m-$100m range this season.I'm not sure what the Braves,Dodgers or Colorado are spending but all 3 teams have been among the big spenders for yrs.


and while the idea is too create a level playing field,the couple of nhl teams backed by huge cable revenue,aren't going to be held back by having to pay a luxury tax.

Look at how the Yankees with their huge cable deal can laugh off the luxury tax.They've become a monster,ruining baseball imo.


Cablevision owns the rangers and Knicks.I believe the Knicks were $41m OVER the nba's cap.any nba fans out there that can verify this $ amount?Last yr the rangers payroll ended up roughly $42m over the league average.With cablevisions deep pockets,what's a luxury tax to Cablevision?
I read the Leafs made a $70m profit.Why would a luxury cap rein in the leafs if they have the chance to sign an Ignila,a Luongo or a Gaborik away??

and when one of the Wings,Blues or Avs makes a big move,think they other two won't react, even if it means raising payroll?

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10-01-2003, 12:30 PM
  #30
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I would just like to add this to the argument about the Yankees vs. MLB luxury tax:

Steinbrenner's ego is driving him to win the WS inspite of the luxury tax so he can point to his success and say that the luxury tax does not work so get rid of it. And right now, he is in a position to do that.

Because REMEMBER, the MLB luxury tax is a graduated tax. The first season that a team is above it, they pay only like $.10 on the dollar in tax. Then the second violation, it goes up to a higher amount, say like $.25 on the dollar. It keeps going up until (I think) the 4th violation where it levels out at $.50 on the dollar.

I don't know exactly what the Yankee's revenue is, but I don't think Steinbrenner cannot afford ~$200M in payroll (salaries+luxury tax). So right now he can circumvent the luxury tax because of the low tax rate, but if he doesn't win it this year or maybe next, he too will feel the weight of the luxury tax and (gasp!) slash payroll unless he can find a way to ~double revenue. And if he can afford $200M in payroll, a number which is larger than the TOTAL VALUE of nearly half of MLB teams, it is more evidence that the luxury tax should be scrapped in favor of something stiffer.

So the fact that MLB's luxury tax appears to not be working because the Yankees have gone over it this year is not dispositive. I'd wait for the 4th year before I decide whether it works or not.

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