Baseball Musings
Baseball Musings
November 21, 2005
Found Money

It looks like the Mets and a couple of other teams are going to have more money to spend this season than they thought.

And this was the compromise: No matter how much tax a team paid in 2003 or 2004, if it dipped under the threshold in 2005, it was safe from the tax man in 2006.

"I admit it's kind of quirky," says one baseball man who was involved in those talks. "But that's the compromise we came up with."

So now here we are, more than three years later. And here's that compromise, ready to take hold for this, the final year of the labor deal. But when we polled high-ranking officials of four teams last week, only one had ever even heard of this rule.

Why? Because MLB never mentioned it at the time the deal was done -- and hasn't advertised it since, even now that the time to apply that rule has arrived.

Matter of fact, MLB has never even advised the Mets (or the Angels or Phillies, either) that it could directly affect them -- and save them millions of bucks. Why? Because it obviously was hoping nobody would bother to read the fine print.

Oops. Somebody did. We didn't mean to blow anybody's cover. But someone needs to read this stuff -- and let the world know the rules. Sorry about that.

So the Mets can buy all the players they want, and it won't cost them anything extra in 2006. And if the contract is extended, 2007. I know which way the Mets will be voting on that deal!


Posted by David Pinto at 11:35 PM | Management | TrackBack (0)
Comments

Thanks for posting this.

Posted by: susan mullen at November 22, 2005 07:26 PM
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