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Major League Baseball (MLB) has a luxury tax, called the “competitive balance tax”, in place of a salary cap in order to level the spending an individual team can spend on their roster. In many other professional sports leagues in North America there is a salary cap that limits what each team can spend on their players. If a league lacks a salary cap or a luxury tax, any team can spend all the money they can afford on players. This means teams with more limited financial resources cannot afford the top talent, putting them at a competitive disadvantage against rich teams.

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  • Major League Baseball (MLB) has a luxury tax, called the “competitive balance tax”, in place of a salary cap in order to level the spending an individual team can spend on their roster. In many other professional sports leagues in North America there is a salary cap that limits what each team can spend on their players. If a league lacks a salary cap or a luxury tax, any team can spend all the money they can afford on players. This means teams with more limited financial resources cannot afford the top talent, putting them at a competitive disadvantage against rich teams.
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  • Major League Baseball luxury tax
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  • Major League Baseball (MLB) has a luxury tax, called the “competitive balance tax”, in place of a salary cap in order to level the spending an individual team can spend on their roster. In many other professional sports leagues in North America there is a salary cap that limits what each team can spend on their players. If a league lacks a salary cap or a luxury tax, any team can spend all the money they can afford on players. This means teams with more limited financial resources cannot afford the top talent, putting them at a competitive disadvantage against rich teams. Major League Baseball implemented the “competitive balance tax” in 1997 to keep a competitive balance in the league. At the beginning of each year, a threshold is set by the Commissioner's Office of Major League Baseball that limits how much a team can spend on their players. In Major League Baseball, the “competitive balance tax” allows teams to go over the threshold, but at a premium. The goal of this is to encourage big spending but to still maintain balance in competition. Major League Baseball's tax has undergone several changes since 1997.
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