Rasbey has a mandate to pursue a salary cap & trade program at the table tonight, and it is clear that he will, but the specifics are still a mystery. as a starting point, here were the twelve team payrolls in 2009:
1. New York Sharks - $167.4M
2. New York Seacooks - $153.7M
3. Long Island Amazin' - $107.9M
4. Independence Walkers - $71.0M
5. Buffalo Bulls - $65.3M
6. Boston Conquistadors - $59.3M
7. North Bay Polar Bears - $57.6M
8. Chicago Madmen - $51.3M
9. Detroit Gamblers - $43.7M
10. Ithaca Champions - $25.4M
11. Philadelphia Geysers - $22.4M
12. Florida Panthers - $18.7M
for a grand total of $843.7M paid out in player salaries in 2009... [relevant to this discussion, watchdog organizations estimate between $2.3 and $2.6 billion of football-related revenues in 2009, down from $2.8B in 2008, when players were paid a total of $786.3M.]
the USSL has always been notorious for uneven salary distribution, and various collective investment, gain- and cost-sharing plans have made the problem less drastic, but it remains clear as day when seeking to implement a salary cap program...
Barnett & Rasbey are discussing a multi-tiered proposal that could get off the ground as soon as ownership negotiators officially convene at 1130pm...
-a snowballing luxury tax aimed at reigning in the outlier moneyed LI organization salaries without the potential albatross of an effective immediate hard cap. the tax would be placed in a Collective Program Account that would help lower-revenue organizations pay for the increase in player minimum salaries
-implementation of a salary cap & trade program in the middle of the decade, possibly as late as 2016 or 2017
details remain iffy on what will be a detail-oriented procedure.
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