Chicago Cubs: Even Tom Ricketts should hate this idea
There might be room to negotiate a salary floor between the MLBPA and the owners. However, I guarantee you that the idea of lowering the salary threshold is a total nonstarter for the MLBPA.
To review, the Competitive Balance Tax threshold for 2021 is $210 million. Only two teams, the Dodgers and Red Sox, exceeded the threshold in 2021. Five more teams, the Astros, Yankees, Padres, Angels, and Mets are within $10 million of the 2021 threshold.
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Manfred floated the idea of lowering the threshold in 2022 to $180 million, a full $30 million lower than 2021. Not only would the seven aforementioned teams exceed that threshold were it in place today, but the Phillies and Cardinals would be above that mark.
That means fully one third of MLB teams would exceed that proposed threshold. On top of that, the White Sox, Nationals, and Giants are currently within $10 million of Manfred’s proposed threshold.
The axe that would fall on the payrolls of those top ten teams would total almost $260 million. In addition it would create an instant cap on the remaining three teams. The Cubs, who just gutted their payroll, would be within $40 million of that cap right now.
Fans wouldn’t see a dime these savings, but it would be great for MLB owners. They would slash payrolls, crank up ticket and concession prices, wrangle more lucrative TV deals, and rake in more billions as baseball profits continue to skyrocket.
Nice try Mr. Commissioner. There are serious discussions to be had to avoid a lockout in 2022. How about getting serious, Rob?