Part 5/9:
Moreover, the financial landscape of MLB has changed drastically, as evidenced by the record revenue figures of $12.1 billion last year. Rosenthal emphasized the importance of addressing revenue disparities between small and large market teams through alternative solutions. Suggestions include enhancing luxury tax penalties, establishing a salary floor, and ensuring fairer revenue sharing practices, without resorting to a salary cap that could jeopardize the league’s current renaissance.