In the past I would have said yes, but now not so sure. Weird-O brings up a good point about teams that don't even try to spend. But it seems like something needs to be done. Orioles are in the middle at $107 and the Dodgers are almost $130 million over that!
Salary cap does work very well for the NFL.
I have long held the opinion that a salary cap must come with a salary floor as well. a cap will keep NY, Bos & LA in check, but Loria isn't going to increase his payroll, no matter how little NY spends.
with a cap and a floor, each team should be able to live within the parameters of $80M to $150M. there are only 4 teams that exceed $150M, but there are 11 teams that live below $80M.
to compensate for the unique business model of MLB, allow a team to live above the $150 max for 3 seasons. after that, you have to trim payroll. for those who are rebuilding, you can live below $80 for 3 seasons. buy then, you should be on your way back to competing. for a team like TB, who competes while living on a tight budget, you get an exemption for the min. payroll rule. if you're wise enough to be able to compete with NY while carrying less than 1/3rd their payroll, there is no reason to punish you.
these are just some thoughts, and the specifics would need to be hashed out. but it's not acceptable for teams like KC to just feed off of the league year in & year out.
Edited by weird-O, 26 March 2014 - 11:57 AM.
"There are three kinds of lies: lies, damn lies, and statistics." - Benjamin Disraeli