There is a luxury tax that has the same effect. Additionally not all "the best players" are free to sign whenever they want to. Contract obligations and such.
There is a luxury tax that has the same effect. Additionally not all "the best players" are free to sign whenever they want to. Contract obligations and such.
Players are paid too much anyway
I think the counter argument here for parity and caps is European soccer.
Radio Personalities:
Howard Stern 85 M
Rush Limbaugh 79 M
Ryan Seacrest 55 M
Shawn Hannity 29 M
TV Personalities:
Phil McGraw 88 M
Ellen Degeneress 75 M
Ryan Seacrest 55 M
Judge Judy 47 M
Movie Actors:
Dwayne Johnson 64 M
Jackie Chan 61 M
Matt Damon 55 M
Tom Cruise: 53 M
These numbers are for 2016 reported by FORBES. No such thing as "overpaid". You are paid what the market deems your worth.
The NBA should try out letting players be paid their actual worth. If that was the case Lebron, KD, Kyrie, Curry and Draymon would never be on the same team.
There are really wealthy teams in each of the major leagues that can outspend everyone else and they dominate the leagues every year. Barcelona, RM, Atletico, PSG, Juventus, Milans, Bayern, Dortmund, Manchesters, Chelsea, Liverpool, Arsenal. There are other teams that are competitive, but these teams are perenial powerhouses because they can just outspend the rest of the teams in their league.
England has a handful of wealthy teams at the top, and most of the other teams are playing for middle of the pack and avoiding relegation every year.
Some years you'll have a random team like Leicester surprise eveyone and win, and then look what happens. In the summer, one of the wealthy clubs just buys their best player and back to the middle they go.
If you look at the distribution of playoff teams/world series contestants/etc, the MLB is one of the more even leagues out there. Consider they play 162 games in a season, and the best team wins south of 70% of the games and the absolute worse wins north of 30%. To compare, the NBA's two best (Warriors & Spurs) won better than 70% of the contests they played, and the worst two won less than 30%. Same in the NFL. The Pats won nearly 90%, and the Browns won 1 game last year.
The current MLB high total salaries (as of opening day):
Payroll Rank. Team Name Team Payroll - Payroll Percentile of average - Record Rank out of 30 teams
Top 5
1. Dodgers - 242M - 176% - 2
2. Yankees - 202M - 146% - 6
3. Red Sox - 200M - 145% - 7
4. Tigers - 200M - 145% - 24
5. Blue Jays - 178M - 129% - 17
Other Notable:
9. Nationals - 168M - 122% - 5
16. Rockies - 131M - 95% - 4
18. Astros - 124M - 90% - 1
21. Phillies - 111M - 81% - 30
26. Diamondbacks - 93M - 68% - 3
29. Rays - 70M - 51% - 10
30. Brewers - 63M - 46% - 9
If you really dig down and look at the numbers, there is probably more parity in baseball without a salary cap than in any of the other major US sports (NFL, NBA, & NHL) with a salary cap.
If the CBA didn't include max deals, teams could bid enormous amounts for Superstars. A player like Lebron could command $50M+ per year. If that would happen, the team has less cap space to sign all of its non-superstars. So the savings from max deals end up subsidizing the salary for the rest of the roster. And it makes sense that the Players would bargain for max deals since the vast majority of players are non-superstars.
Also, if the NBA eliminated max deals, you would probably see better dispersion of superstars. It's unlikely that you would see three or four on any given team, because they would simply be too expensive.
NBA Salary Cap for 2017-18 season is set at $99 million and the luxury tax level $119 million.
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