comprar viagra en barcelona acyclovir philippines metazole medication list arcoxia 120mg tablet dosage plavix coupons with insurance prazosin hcl medication side effects colcrys 0.6mg drug interactions zyloprim allopurinol side effects salazopyrin medications cialis kaufen generic viagra prices no script online pharmacy lidocaine hydrochloride jelly for hemorrhoids best online pharmacy cialis phenamax reviews on apidexin gabapentin injection zyvox patient assistance programs estrofem usage vantin antibiotics http unholymess blog beer brewi fasigyn dosage cold md canada indinavir sulfate msds www buycialisonlinecheap buy 600mm motrin online wo kann man kamgra kaufen helthy man biaxin 500mg side effects buy cefixime online no prescription pilocarpine hcl eye drops voltaren gel side effects and skin discoloration pet doxycyline where to buy bactroban cream 2 used for unisom overdose medication inderal side effects sleep clopidogrel bisulfate 75mg medication fluconazole and alcohol otc ventolin sulfate inhaler famciclovir side effects famvir how much is viagra in mexico careprost eyelash growth solution content marketing association viagra details in hindi cheap vigra dostinex ereccion buy real cialis online levitra bangkok dormidina information processing lisinopril hydrochlorothiazide 10 12.5mg tryptizol 10mg uses for baking homeopath medicinefor abortion exelon stock tryptizol drug interactions duetact contraindications for electrical stimulation viagra for sale uk zyloprim contraindications biaxin xl dormidina opiniones del propranolol side effects propranolol for anxiety where to buy viagra in toronto entocort medication manufacturer zocor generic name orderpharma reviews 50 metformin er 500mg drug solaraze produktbeschreibung how much does a viagra pill cost citalopram buy wellebutrin 150 v 300 lamisil cream for yeast infection cardura 2mg medication suprax 400mg dosage is it safe to buy antibiotics online desyrel medication for sleep trial erection pack meprate dosage of tylenol nifedipine side effects doctor uroxatral vs flomax discussion groups online ketazol venezuela consell esportiu eprostol 200 buy amitriptyline uk no prescription duphalac abbott lanoxin side effects doctor garlic mashed potato recipe garlic powder olanzapine 10 mg twice daily or 20mg once daily siriusxm viagra free hydrocodone samples buy cialis online 20mg want to buy cheap levitra ceftin with no perscription purchase viagra pe obestat reductil philippinesobetrol redustat reviews accutane 40mg sale antibioticsfor sale ibuprofen and alcohol nautisol 5mg zocor side effects simvastatin memory vagiral ovulos metronidazol lipitor generics available ould you fast shipping because it is human pheromones and attraction fentanyl transdermal patch brands avalide side effects irbesartan 300 estrace cream generic equivalent irbesartan 150 mg tablet cialis fast shipping generika franchise how much singulair dosage chart jasmine mickael jordan decadron side effects dexamethasone for cats vipps buy viagra cialis generique tadalafil comprimes canadian pharmarcy no prescription metformin hcl 500 mg price buy ridilan mex viagra online generic fast delivery trim active plus reviews alfuzosin hcl 10mg costallegra free viagra sample before buying prescriptions for buttne what is ativan lorazepam side effects can i buy viagra in hk etodolac side effects aspirin viagra cheap sale bactrim without a percription generic dapoxetine uk is danazol for men kamatra body shaper vpxl pills store review hyzaar side effects medication depakote withdrawal symptoms children zyrtec coupons printable clomid 100mg online canadian pharmacy tadacip 60mg stanozolol for sale online cialis patent expiration best pharmacy to order doxycyline sertraline zoloft side effects weight gain famvir vs valtrex study order oxybutynine uk canadian generic viagra on line depakote withdrawal medication clomid by mail genrric sildalis amoxicillin dosage chart antibiotic piroxicam 20mg capsules feldene tantalum capacitors for audio avelox side effects rash valium side effects valium effects cialis 5 mg cost viagra kaufen schneller versand pfizer newsletter glipizide and metformin taken together oxybutynin 10 mg er side effects asthma action plan for schools tadalafil from india celecoxib 200mg over the counter milk cream roche xeloda cozaar no prescription trimetabol ingredients in tylenol sertraline hcl 100 mg tablet ranbaxy pharmaceuticals depakote buy online no prescription tretinoin cream 0.1 side effects sialis mealworms buy salbutimol gold viagra kanguro terbinafine cream lamisil viagra cheap canada viagra in sri lanka propecia post delivery xenical tablets for sale viagra new york city prednisone pharmacy for pets milnacipran generic drugs mirtazapine medication information levitra cialis viagra sildenafil sale primamedics scammers drug broker kamagra prescription viagra pills on sale diarex pro series silicone babies nuvigil reviews weight loss furosemide 20 mg lasix how chelation in tetracyclines plavix generic date quality rx prescriptions nebilet nebivolol beta blockers z pack for sale kamagra online pharmacy hiconcil buy online oxazepam side effects serax xanax side effects symptom ampicilina 500 mg injectabil prospect lantus insulin side effects in cats retirides 0 1 crema mexican ranbaxy labs usa lasuna garlic shrimp buy viarga without a percription indian viagra name cheap viagra sold in usa zanaflex medication mavidol sl 30 mg adderall aldara side effects hair loss uroxatral side effects bph prostate canada rx pharmacy tizanidine side effects medication procalisx reviews cyclidox pills and potionscycline warfarin overnight ovral birth control side effects generic propecia canada cabgolin 0 250cc ativan half life benzodiazepines lialda prescribing info mesalamine pfizer coupons best place to order generic cialis arimidex breast cancer treatment tesco viagra letrozole vs clomid pctlevamisole cabaser dosing syringe pharmacy viagra prices buy generic lantus from india can u get high off of etodolac nexium in mexico buy cialis with amex aspirin ingredients list viagra online consultation onlinedrugstore canada grathazon dexamethazon nexium 18 dollars a month cialis cheap india oxybutynin medication doctor medoflucon 150mg buy cialis discreet fucidin antibiotic for acne viagra cialis multi pack comprar fluoxetina online glipizide 10mg tab where to buy diclofenac in england prescription viagra canada oracea side effects eye cordarone package insert what is flagyl used for std crestor side effects patients doxycycline 100mg capsules dosage finpecia reviews yahoo clotrimazole solution for pets levofloxacin antibiotic for sinus infection zoloft and weight loss staxyn 10mg odt tablets buy benicar pulmicort respules dosage fasigyn tinidazole dosage usa online pharmacy paroxetine cheap name brand viagra prices piadas italian street food pharmacy shop online promethazine diclofenac sodium 50mg contraindications buy strattera online viagra timing tablet 79 acivir dt canadian torsemide indinavir contraindications purchase alli medrol steroid pack side effects bactroban 2 cream retirides 0 1 cream lace xanax dosage information alprazolam potassium chloride side effects on plants doxinyl medication interaction nexium 40 mg online benazepril hctz 20 12.5 qsymia price at walmartqualityrx domperidone canada no perscription chigualos ejemplos de sustantivos anxiety attacks and pregnancy buy sanovitra online buspar side effects medications lawrence walter in india risnia medicine dictionary effexor and weight loss side effects digoxin drug prices atenolol and weight gain drug billige viagra ambien dosage for men detrol la side effects patients cialis vs viagra levitra rogaine for women foam viagra price in mumbai virectin consumer complaints motrin 800 ibuprofen rimadyl 25mg side effects naproxen 500 mg side effects pregnancy phenagren from canada side effects of florinef for dogs tablete ieftine preturi amoxicillin without prescriptin bayer viagra for sale in boston ordering trazadon from india european med online can i get provera over the counter tetracycline from canada esomeprazole strontium cost fentanyl patch dosage conversion ranitidine for infants buy lyrica nl cvs pharmacy cost for 50 mg viagra venlafaxine 75mg reviews exelon careers jobs marcumar therapy for depression evista for osteoporosis prevention mupirocin calcium cream 2 costmycanadian sinoemet for sale canada meclizine 12.5 mg tablets exelon patch side effects blog rimadyl for humans carprofen doxycycline online ship to uk discount online stores list of all mesalamine drugs tizanidine hcl 4mg donormyl 15mg septrin antibiotic side effect levitra sales online zofran dosage for children by weight the canadian medstore zineryt prospector garlic butter sauce for pasta best canadian pharmacy to buy celebrex xlpharmacy vip nixons surgical levitra glaxo ativan medication for seizures proventil without rx vigrx plus reviews ingredients paxil on the internet neurontin gabapentin weight gain microcidal molecules and atoms famvir dosage for herpes zoster buspar xanax drug losartan 50 mg tablets picture septrin antibiotic viagra mail order no prescription ip 103 do u get high off this pill cialis daily 5 mg online levitra professional generic propecia pills for sale podofilox solution price pastillas cialis de canada cialis kaufen ohne rezept ordering cialis without a prescription valtrex dosage for cold sores in children prevacid solutabs for infants generic cialis from mubai antibiotics online trusted sites coupon codes for nympo max pills misoprostol en costa rica best drugstore powder foundation carafate 1gm tablets sildenafil citrate sales in canada sifrol pramipexole tremor bactrim antibiotic drug viagara 40 pills for 99$ viagra prescription flagyl antibiotic side effects paxil and pre ejaculation pilocarpine hydrochloride ophthalmic solution nexium lawsuit paxil for anxiety and panic how to tell fake viagra viagra in germany prescription lbhs calendar cyrux misoprostol pills amerimedrx reviews of fifty motrin ingredients dosage strattera vs adderall for adults prednisone withdrawal symptoms zentel albendazole dose in kids quetiapine online eutirox 50 side effects buy accutane cheap promethazine codeine dosage costco pharmacy prices levitra 52 viagra generic for sale where can i buy nolvadex pct buspar dosage for dogsbystolic advair diskus coupon program order filagra overnight zoloft weight gain zoloft withdrawal fluzol 150mm viagra coupons canada buy ciprofloxacin hcl 500mg levlen ed and depression lidoderm pain patches for sciatic pain voltaren 75 mg get you high omnicef antibiotic for ear infection usa pharmacy no script indomethacin 50mg and alcohol cialis 20mg online india valtrex dosage for herpes outbreak take pueraria mirifica with estrace nolvadex dosage on cycle generic viagra pay by check difference between albendazole and mebendazole singulair side effects in women meclizine 12.5 mg for vertigo medsindia legit work information on aciphex medication propranolol online pharm potassium deficiency in plants can you shoot up meloxicam order testosterone cypionate generic cialis greece resperidon to buy from india aciphex coupon card orlistat lesofat review betacin 25mg benadryl laxadin tablets for sale amoxicillin 500 mg canadian pharmacy rocket stove mass heater proventil inhaler buy ammoxicill online canadian pharmacy online 24h estrace 2mg bupropion weight loss in men erectile dysfunction trial packs digoxina in english what is hyperbole albuterol sulfate syrup premarin coupons tristan shone advantage of ampicillin e buy uk anafranil dosages where can i buy betnovate cream amerimedrx scammers advantage chevrolet bolingbrook coupons where to buy estrofem cardura 8 mg metallica lyrics nothing else matters where to buy viagra tablets contrave diet pill dosage vistaril 50mg 25mg mobicox side effects amiloride 5mg side effects tiotropium bromide inhalation powder generic lipitor orlistat delivry cefadroxil 500 mg tadalafil cialis 5mg sinequanone definition medameds rapidshare filemedazole healthy man viagara buy propranolol online no prescription metrogel for rosacea treatment aldactone 100 mg side effects new healthy man complaints prednisone 20 mg side effects champix side effects quit smoking generic flagyl pharmacy donormyl ingredients in cigarettes sunsuria development sdn bhd directors choice when i took 2 cialis super active mebendazole dosage for kids risnia tablets under $100 prilosec otc pepcid ac better prednisone 5mg dose pack directions zetia cholesterol increasing metabolism in women over 50 kamagranow forum energy pharmacy technician certification book www cheap cealis flonase vs nasonex nasal spray lantus patient assistance for people with insurance therapy dog training ohio cialis 150 mg bentyl side effects in dogs garrigue wine note rumafen gel manicure anafranil drugs cheapest place to get alli ativan withdrawal symptoms benzodiazepines medameds complaints against dentists clotrimazole cream for yeast infection clobex shampoo drug avapro dosage levels percocet 10 mg picture hyaluronic acid thailand tiotropium bromide inhalation powder generic ambien mexican valium no prescription medyka kamery cymbalta coupons with insurance nizoral shampoo kamagranow uk map where to buy clomid online bodybuilding spain viagra over the counter from canadian co professional viagra clotrimazole and betamethasone cream 15gm buspar side effects buspar medication salazopyrin medication domperidone breastfeeding success
Home Pete Toms Last Week in Bizball: The Debate Over the New MLB CBA Continues

Like Shoot to Thrill - An AC/DC Tribute on Facebook!

An authentic tribute of AC/DC that covers the best of the Bon Scott era and the best of Brian Johnson's material

Who's Online?

We have 893 guests online

Atom RSS

Last Week in Bizball: The Debate Over the New MLB CBA Continues PDF Print E-mail
User Rating: / 5
PoorBest 
Pete Toms Article Archive
Written by Pete Toms   
Wednesday, 11 January 2012 09:35

Last Week in Bizball by Pete Toms

This week in “Last Week in Bizball, debate over the new CBA continues.

As you know, late last year, MLB and the MLBPA concluded negotiations on a new “basic agreement” (aka CBA), which governs the industry for the next five seasons. Since the details of the new CBA were released, the baseball punditry has been busy predicting what impacts the new agreement will have both on, and off, the field.

The immediate response in the press focused on changes to the Rule 4 draft (aka amateur draft). Going forward, each club will be assigned a “signing bonus pool” dollar amount covering the first 10 rounds of the draft. Each club will be assigned a different “bonus pool” amount, based on the previous season’s winning percentage. The team with the worst winning percentage is assigned the largest “bonus pool” and the team with the best is assigned the smallest. The bonus pools for the upcoming draft range from approximately $4.5 million to $11.5 million. There is no restriction on what a club can spend on any individual pick in the first 10 rounds, but there are severe penalties, both in forfeiture of future picks and $$, for exceeding the assigned “bonus pool” amount. In addition, beginning in 13, the Rule 4 will include “competitive balance lottery” picks. Six of these picks are positioned between the 1st and 2nd rounds and another six between the 2nd and 3rd rounds. Only the 10 bottom teams in local revenue/market size will participate in the lottery following the 1st round. The 4 teams not awarded a lottery pick after the 1st round, plus any other revenue sharing payees, participate in the lottery following the 2nd round. These picks are tradable, but only for players and not for money.

The Rule 4 changes are intended to resolve the long standing issue of “signability”. Many have argued for years that the draft in MLB has been a misnomer, operating as a de facto auction. Changes to the Rule 4 are intended remove the “signability” factor and, in turn, allow the draft to fulfill its purpose of allowing the worst teams to acquire the best amateur players. But, in recent years, some chronically uncompetitive clubs (Royals, Pirates, Nationals) have ignored “signability” concerns in the draft, outspending large revenue competitors. So, will the new rules governing the Rule 4 contribute to more, or less, competitive balance? In late November I blogged about the widespread negative reaction to the changes. These critics argued that the changes will contribute to greater competitive imbalance by punishing small market teams from being aggressive in the draft. The next week I brought attention to the opposite argument, presented by leading sports economist Andrew Zimbalist. Zimbalist argues that the recent big spending of the Royals, Nationals and Pirates in recent years is simply an outcome of their positions atop the draft. He points out that, “The third-highest draft spenders over the last three years were the larger-market Red Sox, while the smaller-market Marlins, Twins and A’s were all among the lowest spenders (each spending less than $5 million a year).”

SELECT READ MORE TO SEE THE REST OF THIS ARTICLE

LWIB, the debate continued. Rob Tillis, CEO of Inner Circle Sports, was interviewed on Forbes SportsMoney (video here). Tillis is a prominent sports banker. He founded ICS in 02. Prior to starting ICS, Tillis headed JP Morgan’s sports financing division for 15 years. Search the ICS site and you will find a very impressive list, both in breadth and stature, of franchise, stadia and sports media deals that they have been at the centre of. So, what are Tillis’s thoughts on the impacts of the new CBA? Of the new draft model, he says it, “…neutralizes the playing field for everyone..” and will “..create more competitive balance in the league..” While Tillis acknowledges that some low revenue teams have been very aggressive in the Rule 4, he, like Zimbalist, points out that some large revenue teams have done the same.

While the Rule 4 changes aim to distribute amateur talent more equitably, they also bring an end to commissioner Selig’s efforts to control spending in the draft via his office’s “slot recommendations”. Jim Callis, the Executive Editor of Baseball America, and Rule 4 expert, has long been a harsh critic of “slotting”. Callis has consistently argued that “slotting” has been ineffective in controlling the rapidly escalating costs of acquiring elite amateur talent. In addition, he has argued that clubs who adhered to Selig’s “slots” were left in a severely disadvantaged position to their competitors who ignored “slots”. While the new CBA does not include slots per se, the severe penalties for exceeding “bonus pool” will result in MLB (with the PA’s agreement) exercising much greater control over spending in the draft than it did via “slot recommendations”. One might think that Callis would be critical of MLB’s increased control over individual club spending in the draft, but he has not been one of the naysayers. In a column titled, CBA Shouldn't Squash Small-Market Teams' Chances, he wrote:

When details of the new Collective Bargaining Agreement began trickling out, initial reaction from many scouting officials and agents was that MLB and the Players Association had killed the draft. And along with it, almost any chance small-revenue teams had to compete.

As more particulars became available, it became apparent that rumors of those deaths had been greatly exaggerated.

During the five years of the previous CBA, the draft's biggest bonus spenders were the Pirates ($52.1 million), Nationals ($51.1 million) and Royals ($45.2 million). It made sense for the have-nots to mine the draft because it's the biggest bargain in player acquisition and the only arena in which they could realistically compete with wealthy franchises.

MLB's old informal slotting system was a boon to teams that wanted to assert themselves in the draft. It all but ensured that gifted players with high price tags would fall to clubs willing to pay them.

Callis goes on to compare how the new Rule 4 rules would have impacted on the 12 drafts of the Pirates and Red Sox. The Pirates, picking atop the draft, spent over $16 million in the first 10 rounds.. The Red Sox, picking near the bottom, spent $10 million in the first 10 rounds. (He also notes that the large revenue Red Sox rank 4th in draft spending over the last 5 years) According to Callis’s calculations, both teams would have had less money to spend under the new rules but he concludes that the restrictions on spending will be of more benefit to weaker clubs. “ But going forward, the least fortunate clubs will have much bigger plates than other teams.” And, “Teams no longer will be able to gorge themselves on the draft to their heart's content. The less successful teams won't go hungry, but the more fortunate clubs may find themselves starving for talent.” In a separate post compiled by Callis and his BA colleague J.J. Cooper, they noted that the Mets and White Sox, both big market teams, should benefit because they were amongst the teams who never spent “over slot”. The also wrote, Under the new system, successful teams will have a significantly smaller draft allowance than teams picking at the top of the first round….Add in restrictions on the amount teams can spend on international talent and teams like the Red Sox and Yankees will be severely limited in how much they can spend.”

The impact of the Rule 4 changes on future competitive balance might not even be fully revealed come the expiration of this new CBA. However, there are fundamental changes to revenue sharing in this CBA which may already be impacting on competitive balance. LWIB Peter Gammons wrote a column titled, Big markets remain silent during strange winter. Gammons notes that the Dodgers and Mets have been inactive in the free agent market thus far this off season due to owner issues. And the Chicago franchises are in the initial phase of cycling up, a process that, at this stage, does not include taking on big, long term, contracts. But, why have MLB’s superpowers, the Yankees and Red Sox, combined, to date, not signed a single FA of note? Gammons quotes an unnamed general manager, "The Yankees and Red Sox are not competing in the market and actually seem to be cutting back because of the present and future luxury tax ramifications.” Since 03, MLB has collected an annual, so called, luxury tax (officially the Competitive Balance Tax, aka the Yankee Tax). The CBT has effectively served as a hard salary cap in MLB, save for the Yankees, who have paid 91%, over $200 million, of the entire total collected since 03. (see Maury Brown) But, are there sufficient incentives for the Yankees in this new CBA that, they too, will no longer exceed the luxury tax threshold? Last month Joel Sherman wrote:

To understand the Yankees' current thinking, you must understand that no team stands to lose or gain more from the newly agreed upon collective bargaining agreement.

AND

For if they are at $189 million or less for the three seasons from 2014-16, they not only avoid paying one cent in luxury tax, which would rise to 50 percent for them as repeat offenders, but they also would get roughly $40 million in savings via the to-be-implemented market disqualification revenue sharing program. However, only teams under the luxury-tax threshold get reimbursed in this program, which is designed to prevent big markets such as Toronto and Washington from receiving revenue sharing dollars, which in turn will lower how much teams such as the Yanks pay (as long as they are under the threshold).

The aforementioned Rob Tillis was asked if the newly implemented revenue sharing rebates were the reason behind the Red Sox and Yankees inactivity this off season. Tillis responded that he, “wouldn’t bet on it”, noting that when the CBT was introduced, many predicted (wrongly) that it would curtail Yankees payroll spending. Others suspect that the Yankees are saving their money for next off season when Matt Cain and Cole Hamels, both more appealing than Yu Darvish or CJ Wilson, could be free agents.

This new CBA, for the first time, contemplates a franchise’s market size. In terms of the Rule 4, small market teams will receive extra picks via the aforementioned “competitive balance lottery”. As well, over the course of the new CBA, large market franchises will no longer qualify as revenue sharing payees. Following the announcement of the concluded CBA negotiations ESPN reported:

And there is a new market disqualification test as an incentive for clubs to increase revenue, preventing teams from large markets from receiving revenue-sharing proceeds.

By the end of the labor deal in 2016, teams in the 15 largest markets will no longer be allowed to receive revenue-sharing funds, regardless of their TV contracts or attendance, a source told ESPN.com's Jayson Stark.

According to the source, the 15 teams that will be ineligible for revenue sharing by 2016 are the Yankees, Mets, Dodgers, Angels, Cubs, White Sox, Phillies, Red Sox, Rangers, Braves, Nationals, Blue Jays, Astros, Giants and Athletics.

The A's will be eligible for revenue sharing until their stadium situation is resolved, the source said.

Mike Ozanian of Forbes and Jon Heyman of CBS are amongst those speculating that the Blue Jays and Nationals are the 2 large market revenue sharing payees facing the greatest pressure from the new market disqualification rule.

So, the debate continues. Maybe “signability” remains a problem. Ultimately, if a HS player doesn’t get the bonus they believe they deserve they can still opt for a college program. The same is true for college players, who like James Paxton in 09, can opt to play independent baseball and re-enter the draft the following year. And, maybe the Yankees spend a combined $500 million next off season on Cain and Hamels. After all, the Yankees have a lot of competition for the entertainment dollar in NYC and the YES beast needs to be fed. None of us knows how it turns out but isn’t that the reason we watch?

You can follow me on Twitter @PeteToms


Pete Toms is senior writer for the Business of Sports Network, most notably, The Biz of Baseball. He looks forward to your comments and can be contacted through The Biz of Baseball.

Follow The Biz of Baseball on Twitter Twitter

FacebookFollow the Business of Sports Network on Facebook

 
 
Banner

Poll

Should MLB Force Jeffery Loria to Sell the Marlins?