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Major League Baseball (MLB) has a luxury tax called the "Competitive Balance Tax" (CBT). In place of a salary cap, the competitive balance tax regulates the total sum of money a given team can spend on their roster. Salary caps are common across professional sports leagues in the United States.
Luxury tax (sports) A luxury tax in professional sports is a surcharge put on the aggregate payroll of a team to the extent to which it exceeds a predetermined guideline level set by the league. The ostensible purpose of this "tax" is to prevent teams in major markets with high incomes from signing almost all of the more talented players and ...
Raycom Media, Inc. was an American television broadcasting company based in Montgomery, Alabama. Raycom owned and/or provided services for 65 television stations and two radio stations across 44 markets in 20 states. Raycom, through its Community Newspaper Holdings subsidiary, also owned multiple newspapers in small and medium-sized markets ...
Move over Anxiety, there’s a new dominant emotion at the box office: Joy! Disney and Pixar’s expressive animated sequel “Inside Out 2” scored a mighty $155 million in its first weekend of ...
SOURCE: Integrated Postsecondary Education Data System, College of Charleston (2014, 2013, 2012, 2011, 2010).Read our methodology here.. HuffPost and The Chronicle examined 201 public D-I schools from 2010-2014.
If you attend a Division I university, chances are you are bankrolling your school’s athletics department. Search our scorecards to find out how your school compares to Louisiana State University and Agricultural & Mechanical College