Originally Posted by NJReds
There was an interesting discussion on Mike & Mike (ESPN) this morning about how much money the lower payroll teams actually have. With revenue sharing, some of these teams that spend between $30-$50M on payroll have upwards of $80M from revenue sharing before they even sell a ticket. Where's the money going?
If there was a salary floor of, say, $75M, it would give top free agents more options for signing. And it would keep teams like Cleveland from dealing away Cy Young winning pitchers, and the Twins from giving away Santana for marginal prospects.
A salary floor should be in place. I think if you set a cap and a floor any time who wants to operate below the floor should be relocated.
The Twins decided to make a run at Mauer and Morneau instead of paying top dollar to Santana. I can't really argue with them considering that a long term extension for Santana would pay him top dollar as he started to become unproductive.
If MLB takes notes from all professional sports salary cap they can get the best of both world. Put a cap and floor but also make it so there is a vet maximum and a player can make the most money signing with his current team a la the NBA.