I see. And I imagine teams have a salary cap just like on other leagues major American leagues. Is that correct?
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I see. And I imagine teams have a salary cap just like on other leagues major American leagues. Is that correct?
There is no salary cap. There is a luxury tax threshold. If a team exceeds it, they pay a penalty that is redistuributed to the smaller market teams. So they can go over but it can get expensive.
And the Mets are way over right now.
Oh that's an interesting model. Quite different than what the other leagues have in place. MLB is really unique in a lot of ways
The MLB players union is the most powerful in US sports. So they fought a salary cap and never let one instilled.