CBA Negotiations Part Three: The Competitive Balance Tax

In our series on the negotiations for a new Collective Bargaining Agreement (CBA) between MLB and the MLBPA, so far we have looked two of the major issues. Those are free agency and arbitration. Another major topic keeping the sides apart is the Competitive Balance Tax (CBT), also referred to as the luxury tax. The CBT is essentially designed to act as a “soft salary cap,” meaning...