MLB Reaches Labor Agreement through 2011

Brandon · 10-25-2006, 02:47 AM

Quote:

• Thresholds for luxury tax on team payrolls set at $148 million for 2007, $155 million for 2008, $162 million in 2009, $170 million in 2010 and $178 million in 2011. Tax rates on amount over threshold remain at 22.5 percent for first time over threshold, 30 percent for second time over threshold, 40 percent for third or subsequent time over threshold.

Amateur Draft
• Players selected in the June amateur draft who aren't college seniors must sign by Aug. 15.

Minimum Salary
• Major league minimum increases from $327,000 this year to $380,000 in 2007, $390,000 in 2008, $400,000 in 2009 and $400,000 plus a two-year cost-of-living adjustment in 2011.

Free Agent Draft Pick Compensation
• Draft-pick compensation for losing Type C free agents is eliminated. Compensation for Type B free agents is changed from direct (losing draft picks) to indirect (sandwich picks). Starting in 2007, Type A free agent redefined to top 20 percent at position (from top 30 percent) and Type B to 21-40 percent (from top 31-50 percent).

Free Agent Deadlines
• The restriction is eliminated that said teams could only re-sign their former players who became free agents by Dec. 7 (or Jan. 8 if offered salary arbitration) or else lose rights until May 1. Deadline for clubs to offer salary arbitration to their former players who became free agents is moved to Dec. 1 from Dec. 7. The deadline for players offered arbitration to accept offers is moved to Dec. 7 from Dec. 19.

Tender Deadline
• The deadline for teams to offer contracts for the following season to unsigned players on their 40-man rosters is moved to Dec. 12 from Dec. 20.
-- Associated Press

Blade's Take: So what does all of this mean? Not much really. The Yankees will continue to make the playoffs every single year eith their rediculous payroll and the Royals, Devil Rays, Pirates and seom others will never sniff the postseason. It's really too bad that there has to be so many dead franchises in baseball in order to satisfy the Yanks and a few other big market teams, but that's the way it is. I hope the fans stop going to these towns games all together. I'm talking empty seats Montreal Expos style. That'd be sweet and maybe just maybe MLB would do something about it.

Slim · 10-25-2006, 01:46 PM

yeah i agree. Im a big Texas Ranger fan but when is the last time they went to the playoffs?? Well it was what, umm i think 98 and 99. Both years they lost the first series to guess who? Yeah the Damn Yankees. Those were the only two times the team has EVER been to the playoffs.

There needs to be a salary cap like in football. Shake it up a bit. One year the Yankees could suck, and the rays be awesome.. three years later it would flip flop.. That is part of what makes football exciting...

Necro · 10-25-2006, 01:52 PM

Club 2006 2005

New York Yankees $194,663,079 $208,306,817
Boston Red Sox $120,099,824 $123,505,125
Los Angeles Angels $103,472,000 $97,725,322
Chicago White Sox $102,750,667 $75,178,000
New York Mets $101,084,963 $101,305,821
Los Angeles Dodgers $98,447,187 $83,039,000
Chicago Cubs $94,424,499 $87,032,933
Houston Astros $92,551,503 $76,779,000
Atlanta Braves $90,156,876 $86,457,302
San Francisco Giants $90,056,419 $90,199,500
St. Louis Cardinals $88,891,371 $92,106,833
Philadelphia Phillies $88,273,333 $95,522,000
Seattle Mariners $87,959,833 $87,754,334
Detroit Tigers $82,612,866 $69,092,000
Baltimore Orioles $72,585,582 $73,914,333
Toronto Blue Jays $71,915,000 $45,719,500
San Diego Padres $69,896,141 $63,290,833
Texas Rangers $68,228,662 $55,849,000
Minnesota Twins $63,396,006 $56,186,000
Washington Nationals $63,143,000 $48,581,500
Oakland Athletics $62,243,079 $56,186,000
Cincinnati Reds $60,909,519 $61,892,583
Arizona Diamondbacks $59,684,226 $62,329,166
Milwaukee Brewers $57,568,333 $39,934,833
Cleveland Indians $56,031,500 $41,502,500
Kansas City Royals $47,294,000 $29,679,067
Pittsburgh Pirates $46,717,750 $38,133,000
Colorado Rockies $41,233,000 $48,155,000
Tampa Bay Devil Rays $35,417,967 $29,679,067
Florida Marlins $14,998,500 $60,408,834

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Detroit is dead in the center for payroll, and in the world series. Money doesnt always buy championships...

Brandon · 10-25-2006, 01:56 PM

correct. But it does buy more opportunity. The yankees have been in the playoffs every year since 1995. Will the streak ever stop? Not under this agreement.

Necro · 10-25-2006, 02:06 PM

Well it shouldnt if you ask me. I'd love to be a Yankee fan atleast they spend the money, and make the team compete. If you dont have the money to compete they should eliminate some teams.

The twins spend 63 million bucks, yet their owner is a billionaire. Some people just dont want to spend the money.

Brandon · 10-25-2006, 02:27 PM

But Steinbrenner doesn't spend his own money like that guy would have to. He spends the revenue. There's just more money in New York because of the population. Bigger market.

That's why they have a salary cap in NFL because it gives everyone's teams a chance to competitive.

So then if the team still sucks, they have no choice but to fire the GM and coach and get shit right. The NFL fans won't stand for losing.

MLB Reaches Labor Agreement through 2011

This is a discussion on MLB Reaches Labor Agreement through 2011 within the North American Sports forums, part of the Sports Forums category; • Thresholds for luxury tax on team payrolls set at $148 million for 2007, $155 million for 2008, $162 million ...