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Ross Atkins admits that the money is more important than winning right now
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Photo credit: TSN
Ross Atkins has fully decided to be sellers this trade deadline by the moves he decided to make, but at least the team will stay under the CBT line.
For those Who dont know what CBT (competetive balance tax) is.
Each year, clubs that exceed a predetermined payroll threshold are subject to a Competitive Balance Tax -- which is commonly referred to as a "luxury tax." Those who carry payrolls above that threshold are taxed on each dollar above the threshold, with the tax rate increasing based on the number of consecutive years a club has exceeded the threshold.
A team's Competitive Balance Tax figure is determined using the average annual value of each player's contract on the 40-man roster, plus any additional player benefits. Every team's final CBT figure is calculated at the end of each season. (Note: If a player signs a contract extension that doesn't kick in until a later season, his AAV for the purposes of the CBT doesn't change until the new deal begins.)
A team's Competitive Balance Tax figure is determined using the average annual value of each player's contract on the 40-man roster, plus any additional player benefits. Every team's final CBT figure is calculated at the end of each season. (Note: If a player signs a contract extension that doesn't kick in until a later season, his AAV for the purposes of the CBT doesn't change until the new deal begins.)
Atkins has come out to say that with all the deal that were done, the team will most likely stay under this line which will be a major benefit for the team as they move forward.
Ross Atkins says that the #BlueJays are "on the razor's edge" of the CBT line and "hopefully that will be something we can navigate as a secondary benefit."
Translated... it sounds like they'll slip under and are happy.
Translated... it sounds like they'll slip under and are happy.
Source: MLB.com
Competitive Balance Tax
Competitive Balance Tax
| POLL | ||
JUILLET 31 | 347 ANSWERS Ross Atkins admits that the money is more important than winning right now Do you thin that fans even care about stuff like this from Ross Atkins? | ||
| Yes | 81 | 23.3 % |
| No | 266 | 76.7 % |
| List of polls | ||
