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Major League Baseball (MLB) has a luxury tax called the "Competitive Balance Tax" (CBT). In place of a salary cap, the competitive balance tax regulates the total sum of money a given team can spend on their roster. Salary caps are common across professional sports leagues in the United States. Without these measures, teams would not be ...
This also skews the list towards sports with salary caps where salaries are therefore public knowledge and easy to cite. The contract figures referenced below are presented at face value and do not reflect potential pre or post-tax treatments. For example, contracts with European sports teams are typically quoted on a post-tax basis.
The cap was set at A$1.25 million for 1987–1989 as per VFL agreement, with the salary floor set at 90% of the cap or $1.125 million; the salary floor was increased to 92.5% of the cap in 2001, and to 95% of the cap for 2013 onwards due to increased revenues.
A contract bust in baseball is fundamentally different than those in other major sports. On the one hand, there's no salary cap, so a bad contract or two won't necessarily cripple a team's ability ...
Pete Alonso holds the MLB rookie record with 53 home runs. Where will Pete Alonso sign? Remember in 2019 when Bryce Harper and Manny Machado didn’t sign their $300 million contracts until after ...
The MLB Players Association has estimated the actual present-day value of Ohtani's contract to be roughly $438 million, while MLB pegged it at $460 million. Either way, we're talking about more ...
In 2019, Mike Trout signed a 12-year, $426 million contract with the Angels, the richest contract in the history of North American sports at the time. Alex Rodriguez earned the highest salary in MLB in 2013 at $28,000,000. He also has the highest career earnings in MLB history, as well as a record 13 years with the highest AAV.
The NBA salary cap is the limit to the total amount of money that National Basketball Association teams are allowed to pay their players. Like the other major professional sports leagues in North America, the NBA has a salary cap to control costs and benefit parity, defined by the league's collective bargaining agreement (CBA).