prednisone side effects in cats buying pct valium dosage for anxiety combivent nebulizer albuterol nexium 40 mg capsule cialis want buy vigrx plus reviews youtube want to buy cipro tablets metpamid 10 mg hydrocodone buy anafranil online canadian meds paypal cialis 20mg prix pharmacie elocon cream 1 walgreens where can i buy cyproheptadine canadian online pet medications flomax generic names ciales puerto rico flag canadian no written prescription needed valtrex shingles treatment candian non prescripion celias zithromax antibiotic for chlamydia chloroquine resistant malaria map cheap viagra without prescription mometasone furoate ointment uses buy finasteride 5mg uk metformin overnite delievery cialis auf rechnung kaufen proviron mesterolone indications can evecare heal a viginal discharge low cost malaria tablets bentyl for ibs c super viagra canada flucomed 150mg of diphenhydramine viagra in italia online pharmacy no prescription hyzaar xanax europe no prescription vgr 100 facts about austin aciclovir tablets without prescription cordarone drug classification medicstar reviews for 50 strattera coupon 2013 tetracycline vendors acheter driptane en ligne precio levitra folcres panalab guatemala quit smoking zyban reviews nitrazepam for sale mexico care pharmacy femara drug interactions vosteran removal tool ed drugs india canadian health care care mall order ventolin online no prescription cephalexin uk buy viagra online canadian company minocycline 100 mg capsules reviews pure raspberry ketones naproxen 500 mg side effects buy medication online no prescription domperidone diflucan pilocarpine hydrochloride ophthalmic solution podofilox solution application valtrex side effects medication fatigue zinoxime 500 days xenical philippines ads paracetamol tablets with codeine legal to oeder viagra into uk overnight letrozole kwikmed coupon viagra antibiotics for sinus infection side effects buy cialis shoppers drug mart duetact 30 mg adderall glucovance generic tegretol non prescription uti antibiotics online lexapro prices walmart free sample trial viagra asacol medication manufacturer mail order viagra from canada cialis 20mg pills ciprobay 500mg piroxicam 20 mg capsule side effects buying clonidine in united states macrodantin 100mg dosage mometasone furoate cream usp micardis hct 80mg 25mg what is zyloprim medication used for zocor side effects cholesterol levels chart for women no presacription acivir dt 800 tamoxifen alternatives for premenopausal women trazadone free shipping cuckold creek hollywood md post detrol side effects medicines trimox delivered in 3 days medication no prescription canada what is the viagra examination like esgic plus overnight pharmacy viagra for men in usa how to take cytotec 200 mcg ventolin side effects doctor actos medication assistance program accutane birth defects after stopping propranolol overdose amount cialias online over night delivery clotrimazole and betamethasone dipropionate cream uses dilantin toxicity icd 9 code renagel 800 genzyme vendita viagra online tadacip on line faridexon forte lighting walgreens employee website employee benefits benicar side effects medications anafranil withdrawal symptoms buying viagra in italy apcalis jelly 20 mg in uk vigrande 100mg to g where is the best place to buy viagra cheapest cialis price generic viagra in america pharmacies torsemide side effects demadex aricept grom mexico pharmacy online 365 review shop echeck nuvigil vs provigil for narcolepsy buy online cytotec indonesia neurontin for anxiety side effects cialis providers extenze male enhancement ingredients eltroxin medication taking citalopram hydrobromide 20mg tab cialis by mail with prescription norlevo effectiveness vs efficiency no rx required meds rollbox 46375 doxylamine succinate vs diphenhydramine levitra candian pharmacy paypal mirapex dosages chlamydia treatment zithromax vermox by mail clomid success rate by age safest place to buy clomid in the uk what did you tell doctor betnesol soluble tablets levitra 10 mg price amoxicillin for cats sildenafil citrate msds effects of paracetamol in pregnancy buylowdrugs comcast email cheapest 5mg cialis flomaxtra pricegrabber cheap levitra 100mg does zoloft cause weight gain lantus patient assistance program form cialis super active plus pentrexyl 500 mg capsules drug interactions pravachol side effects dizziness adipex p 37.5mg side effects acnelyse retinolo gabapentin 300mg doxylamine succinate side effects liver buy kamagra uk paypal buy kamagra mastercard motilium from canada clotrimazole cream vitamin b6 and unisom for morning sickness us viagra overnight why is vermox discontinued generation rx drugstore ru fucidin 2 cream furolin dosage of benadryl promethazine 12.5mg tabs restonite reviews on 50 euthyrox 50mg side effects unicure hair conditioner overnightpharmacy4u review bupropion hcl xl 150 mg tablet buy cialis australia paypal free ed samples nexium esomeprazole magnesium generic generika drugstore desogestrel ethinyl estradiol and weight gain clonidine side effects clonidine hcl brand viagra 100mg price norapred 5 mg celexa withdrawal side effects cefabiot suspension air sildenafil citrate from india viagara generic canadian pharmacy in largo florida viagra on craigslist viagra on sale what are the side effects of glipizide 5mg side effects zoloft and pregnancy birth defects prescription drugs with no prescription bactroban 2 acheter acyclovir 800 mg buying levitra with paypal promethazine codeine dosage insurance wont cover cialis motrin 800 ibuprofen tablets hydrodiuril manufacturer refurbished viagra 50 mg buy lotrisone otc lipothin medication for anxiety directed meds buy cialis usa best drugstore foundation for oily skin depakote er side effects for bipolar generic viagra 100mg price order cialis online in usa keppra side effects with alcohol viagra for female indian in delhi price order cialis online prazosin 1mg cap epratenz doxycycline does prozac make you sleepy differin adapalene gel 1 yasmine galenorn otherworld series viagra indonesia bystolic medication assistance arava medication for ra mometasone furoate cream 0.1 medyka ukraine ceasefire diovan hct side effects ratings penicillin without going to doctor pile suhag raat amoxitabs canada allegra side effects medication dry mouth clavaseptin antibiotics motrin and robitussin mix cialis 200 mg in india viagra generic release date femara infertility and birth defects canpharm viagra prometrium vaginally after iui no rx meds accutane online no prescription alendronate 70 mg coupons online augmentin 875 mg provigil vs nuvigil bluelight canadian drugstore chains cialis peru dimenhydrinate uk cabergoline side effects headache viagra sold in the united states oxybutynin chloride 5mg side effects quetiapine does it work levlen birth control weight gain acyclovir side effects pregnancy primox portia how to get doxcycline atarax for sale cialis 5 fertilita arava side effects medications epharmacy online bible buy permethrin lopressor medication assistance oxycodone for sale over the counter naproxen sodium side effects depression clenbuterol for sale comprar viagra de forma segura cialis best vendoe canader pletal side effects brupen how many you take cheap detrol rxlist com brand names where can i buy periactin cardizem side effects with cats where to buy ciprofloxacin hcl celebrex and weight gain priligy dapoxetine fda 2014 n 0001 endocrinologic cardinal stritch university rochester mn levitra 20 mg impotence remedies precios sildenafilo activis donepezil without a prescrib acnelyse gelatin singulair medicine children where to buy procalisx pills with paypal olanzapine tablets usp amerimedrx fake nails forced orgasm plavic for sale grafazol metronidazole polarmeds in canada what month ritalin side effects children roaccutane on line pharmacy alzytec tablets canada medicines requiring no rx ospedale sacco ketorolac tromethamine ophthalmic solution green line pharmacy canada generic drugs for ditropan octreotide scan carcinoid tumors i missed 2 dosage id clomid fosamax lawsuit bisphosphonates voltaren gel for arthritis reviews online zoloft flonase generic or brand name progesterone cream and fertility singulair allergy medicine children side effects side effects of donepezil medication buy cialis with echeck atarax medication side effects where can i buy nizagra amlodipine olmesartan side effects rxdrugstore sitemail stromectol side effects cialis brand for sale duroval sildenafil 20 clopidogrel bisulfate 75 mg tab azulfidine sulfasalazine reviews albenza coupons for pizza ranbaxy recalls generic lipitor buy tylenol 4 online aricept drug classification arthritis medication over the counter risperdal side effects in children with autism medrol dose pack from canada prozac and weight loss 2011 vibrox kitchen knife cataflam tablets used for disulfiram 500 mg tablets atarax for anxiety side effects flexeril 10 mg cyclobenzaprine high crestor price cozaar generic name prednisona para perros lamictal rash treatment tadapox cheap zyprexa medication for dementia patients history of leconfield castle cialis 20mg prix en pharmacie belgique does levitra work for women over the counter nexium order zyprexa clavaseptin tablets viagra cialis powerpack store levitra online reviews clopidogrel 75 mg tablet side effects captopril drug medication wellbutrin xl alli coupon olanzapine side effects diabetes levaquin side effects levaquin antibiotic proventil price xalatan side effects blood pressure canadian walgreens online claritin dosage for children under 2 diuretics torsemide vs furosemide acura viagra leaf shape chinese viagra pill review blue diamond pills 100 imitrex dosage in children qsymia coupons internet pharmacy quick delivery stanozolol steroids and diabetes approved viagra store isotretinoin generic sureway transportation agent access stilnox zolpidem medicine microzide medication for depression levaquin class action suit elomet cream side effects doxycycline for dogs dosage zoloft and alcohol zoloft side effects greenstone azithromycin 250 mg buspar side effects weight gain cialis ajunta pharma india digoxin level depakote side effects in women buy brand propecia 5mg brand cialis 20mg xix chat kosovarja zithromax capsules no prescription elontril online astelin nasal spray antihistamine otc plavix clopidogrel 75mg side effects viagra professionnel inde viagra tablets online in india supreme suppliers sagar avenue clotrimazole lozenges expiration healthpoint the little blue pill review thyroxine medicine without priscription aciphex coupon offer buy atarax no script dilantin without a perscription online pharmacy tadalafil 10mg order retin a without a prescription buspar dosages for anxiety metformin side effects pcos enbrel equivalents canadian non prescription drugs evista purchase cialis in dubai keppra patient assistance program application celexa no prescription acquistare viagra 25 mg pharmacie de garde province du luxembourg xanax pharmacy in india cialis tadalafila manipuladatadalafil original viagra price in india 145 valium vs xanax for anxiety sertraline overnight buy tadapox adderall side effects in adults without adhd arrested buying drugs online cilas generic benicar hct 20 12.5 coupons isotretinoin buy online orderpharma uk daily mail cialis 20mg price comparison lamotrigine medication 25mg no rx amoxacellian arthritis treatment for dogs xlpharmacy complaints against banks glipizide and metformin together kamagra australia benicar no prescrition bayer levitra coupon comprar cialis generico purchase canine doxycycline 100mg acnelyse retinol creams asacol side effects doctor raymeds complaints against attorneys euroclinix reviews on vigrx where to find baclofen medicine betanoid syrup dispenser crestor savings card 75.00 no prescription valcyclovir nexium 40mg esomeprazole dose simplotan tinidazole fincar reviews safest place to buy ed medicens buy propecia in new york american pharmacy cialis alesse birth control information lamictal medication side effects leponex 25mg trazodone famvir information zyrtec d side effects pseudoephedrine cialis generic best price and delivery metallica albums in order of release phexin boats bikes mail online wellbutrin pramipexole 0.125 mg tablets tantra oral jelly side effects carafate suspension for dogs rumafen medicine ball costco generic drug prices tadalafil tabs 10 von australia kaufen cvs pharmacy locations canada amoxicillin drops no script where to buy brand cialis online buy levitra safely from canada buspirone vs xanax synthroid thyroid medication t4 percocet 10/325 price internet cialis sales vibramycin 100mg capsules ara cell 40 mg hardon definition of love ventolin salbutamol 100 micrograms dose didi ki suhagraat flagyl no prescription software applications for human resources buy sildenafil online prostata sintomas substitute for quinine sulfate leg cramps cialis us drugstore prednisone for poison ivy treatment medicine like prednisone septrin forte treatment metrotab 400 mile generics for usa manufactu buying cialis online safe dosage of famvir for cold sores lamisil cream for nail fungus toenail fungus milanuncios barcelona fc buylowdrugs comcast cable consigli generico online sildenafil dalacin t gel 1 effect cafergot tablets doctor get a percription for cialis terbinafine side effects with alcohol doxycycline and lactic acid bacillus atenolol medication dosages how much skelaxin to get high cost of lotemax gel drops sildenafil tablets for sale doxycycline hyclate uses 100 mg cymbalta duloxetine side effects estradiol side effects prevacid solutabs for infants buy online fluconazole rocket launch schedule is 25mg viagra enough epanutin iv infusion primatene mist inhaler side effects pletal side effects medications buy codeine cough syrup
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 687 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?