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An MLB Salary Cap Won't Guarantee Parity

Baseball can do a lot of things to bring more parity to the sport. Preventing good owners from spending isn't one of them.
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N.B. Lindberg
MLB owners have long claimed that a salary cap is the only way to ensure competitive balance, but is that even true? The real reason leagues have pushed for salary caps has always been financial, while the real drivers of parity— the draft and rookie scale contracts— are continently left aside.

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