[Tribe1450]

Major League Baseball
Saturday, February 27th, 1954 (continued)

A special Commissioner’s Blue-Ribbon Panel on Relocation will also be created by April 15th, 1954 to discuss the details related to any future franchise relocation plans. A super majority (68%) of Major League Owners would have to approve any future franchise relocation, but an emphasis will be placed on retaining current locations whenever possible.

A new financial system has also been adopted by Major League Owners. A free-market system has been instituted, which will guarantee a minimum salary for all players on a team’s active roster, with true Free Agency possible after eleven (11) years of Major League or Minor League Service. A new salary arbitration process will be used to determine a yearly player salary for any player with 8, 9 or 10 years of service time.

A new national broadcasting contract has been finalized by the Commissioner’s Office, which will guarantee a fixed amount of income for each of the 16 franchise operations. A new Luxury Tax has also been created to keep future player salaries in check. An average of total payroll for all sixteen teams will be calculated and if an individual club exceeds 125% of that average amount, a luxury tax rate of 50% will be charged on the excess amount. That amount will be payable in equal shares to the teams that are spending less than the average amount per year.

I am really not sure how the game deals with the distribution of luxury tax dollars. I am using the in game system.