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It depends on how it's implemented, that's all. You have to allow markets to determine its' own way and when you have the Yankees producing so much money for baseball, you have to consider that it is unfair from a business point of view to restrict their bottom line. that said I'm all for it if there is a floor and there is a reasonable cap that still allows franchises who want to spend a lot of money, to spend it.
Problem here is the players union will never want a cap and as long as the big market teams are making money and throwing back to KC, Oakland, Cincinnati, and other small markets (hint: Milwaukee) no one in baseball is going to push for this. I would hope I'm wrong, but that's the way I see it. Salary cap not coming.
The logistics of a cap in baseball are almost impossible to fathom.
This isn't hte NFL with one league of 54 active players and a practice squad. There is the major league, AAA, AA, and A level clubs, all of which are part of the organization and all of which can be used to house talent. Add in the September call ups when the roster expands by 15 players - something football doesn't do - and I relaly don't know how a hard cap could ever work in baseball.
A strict and painful luxury tax and a mandatory floor is probably the only solution that would be workable.
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