News and Rumors

A Draft Luxury Tax?

A Draft Luxury Tax?

Earlier this week we heard that draft bonuses were the last major issue to be resolved in the Collective Bargaining Agreement, with Bud Selig pushing for hard slotting.  Since then we've heard that hard slotting is pretty much dead, although Buster Olney reports that the changes that are now being discussed involve a luxury tax on total draft spending.

MLB has a luxury tax on total payroll, which only really affects three teams.  The payroll figure goes up every year, and the Yankees pay almost all of the luxury tax.  Unlike revenue sharing money, the tax money goes to MLB's central fund, rather than being distributed to other teams.  The Yankees, and other teams, haven't been restricted from spending big due to the luxury tax.  They've just had to pay a bit extra to spend over the limi...

This content is for Pirates Prospects subscribers only. Subscribers get access to all of our daily articles on the Pirates and their minor league system, with live coverage throughout the system on a daily basis. Our lowest rates are $2.22 per month under our Top Prospect Plan, which also gets you a 40% discount on the 2017 Prospect Guide. Subscribe today to access all of our daily coverage of the Pirates' system.

If you're already a member, you can log in below. If you think you're receiving this message in error, please e-mail tim@piratesprospects.com.

News and Rumors

Tim is the owner and editor in chief of Pirates Prospects. He started the site in January 2009, and turned it into his full time job during the 2011 season. Prior to starting Pirates Prospects, Tim worked with AccuScore.com, providing MLB, NHL, and NFL coverage to various national media outlets, including ESPN Insider, USA Today, Yahoo Sports, and the Wall Street Journal. He also writes the annual Prospect Guide, which is sold through the site. Tim lives in Bradenton, where he provides live coverage all year of Spring Training, mini camp, instructs, the Bradenton Marauders, and the GCL Pirates.

More in News and Rumors

Jung Ho Kang Pleads Guilty, Trial Set For March 3rd

John DrekerFebruary 22, 2017

Joel Hanrahan Returns to Pirates as Coach in Morgantown

John DrekerFebruary 22, 2017

Full Spring Training Television Schedule from MLB Network and ROOT Sports

John DrekerFebruary 21, 2017

Pittsburgh Pirates Announce Their 2017 Spring Training Broadcast Schedule

John DrekerFebruary 17, 2017

Tony Watson Loses Arbitration Case to Pirates

John DrekerFebruary 16, 2017

Pirates Notebook: Injury Updates, Josh Bell’s Defense, Remaining Free Agents

Tim WilliamsFebruary 15, 2017

Pirates Prospects is an independent media outlet, and is in no way affiliated with the Pittsburgh Pirates, their minor league affiliates, Major League Baseball, or Minor League Baseball.

Copyright © 2016 Pirates Prospects