Part 3/6:
There has been a longstanding debate about the implementation of a salary cap in baseball, driven by a perception that it could create a more balanced and competitive environment among teams. Typically, when salaries are discussed in this context, it’s vital to also consider the concept of a salary floor. This is crucial because without a floor, lower-revenue teams struggle to maintain competitive rosters.
During discussions in executive circles, it has often been stated that a salary cap must come with a corresponding salary floor. This is an essential consideration for smaller teams operating on tighter budgets. If no floor exists, these teams will consistently fall short in fielding competitive athletes, relying heavily on revenue sharing models just to keep pace.