I'm seeing the term "competitive balance tax" by the cognoscenti now, a new way to say "luxury tax." Latest is in this USA Today column about finances by of course Hal Bodley. A week or 2 ago it was used by an MLB, Inc. spokesguy to describe the monies used to settle some union disputes. "Revenue Sharing" and "Luxury Tax" are 2 different things, although many who follow baseball are unaware of this.
- This ignorance is one reason the billionaires get richer. The people paying most of BOTH these taxes are YANKEE FANS not only in tickets, but cable tv, etc. The 2006 Yankee payroll of approximately $200 million automatically earned other MLB, Inc. owners $100 million from the Yankee fan in revenue sharing and luxury tax.
BUT IT'S A LIE TO CALL IT 'COMPETITIVE BALANCE TAX.' BODLEY ASKED SELIG IF HOW TEAMS SPEND ALL THE MONEY CONCERNS HIM.
- SELIG "REFUSED TO COMMENT." (From the USA Today article). IF YOU PEOPLE NEEDED AN ADMISSION OF GUILT, YOU JUST GOT IT. (Using legal expertise gleaned from watching the OJ trial, you might say, "He took the 5th.")
If baseball is so successful, why are there so few good players to go around? With all this money, any ethical corporation would be recruiting young people into the game. But reports say drastically fewer young guys are choosing this sport.
- ANSWER: BECAUSE MLB, INC., GENE ORZA & THEIR CRONIES MAKE EASIER MONEY JUST TAKING IT FROM THE WEAK, MALLEABLE YANKEE FAN.