Tag: competitive balance tax

Taking Stock Of The Mets’ Payroll Situation

Despite the New York Mets’ historic signing of Juan Soto, the team is still in a terrific spot when it comes to its finances. Soto’s $51 million a year deal raises the Mets’ total competitive balance tax (CBT) 40-man roster payroll to $248.5 million, according to Cot’s Baseball Contracts. A figure that is still in a much better spot than it was last year. Currently, the...

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...