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- Luxury_tax_(sports) abstract "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 hence destroying the competitive balance necessary for a sport to maintain fan interest. The money derived from the "tax" is either divided among the teams that play in the smaller markets, presumably to allow them to have more revenue to devote toward the contracts of high-quality players, or in the case of Major League Baseball, used by the league for other pre-defined purposes.In North America, Major League Baseball has implemented the luxury tax system. The National Basketball Association also has a luxury tax provision; its utility is somewhat limited by the fact that the league also has a salary cap provision. The "hard" salary cap of the National Football League and the National Hockey League has prevented any need for a luxury tax arrangement.".
- Luxury_tax_(sports) wikiPageID "795188".
- Luxury_tax_(sports) wikiPageLength "13224".
- Luxury_tax_(sports) wikiPageOutDegree "19".
- Luxury_tax_(sports) wikiPageRevisionID "653190763".
- Luxury_tax_(sports) wikiPageWikiLink Boston_Celtics.
- Luxury_tax_(sports) wikiPageWikiLink Boston_Red_Sox.
- Luxury_tax_(sports) wikiPageWikiLink Category:Personnel_economics.
- Luxury_tax_(sports) wikiPageWikiLink Category:Sports_culture.
- Luxury_tax_(sports) wikiPageWikiLink Category:Terminology_used_in_multiple_sports.
- Luxury_tax_(sports) wikiPageWikiLink Collective_bargaining.
- Luxury_tax_(sports) wikiPageWikiLink Detroit_Tigers.
- Luxury_tax_(sports) wikiPageWikiLink Los_Angeles_Angels_of_Anaheim.
- Luxury_tax_(sports) wikiPageWikiLink Los_Angeles_Dodgers.
- Luxury_tax_(sports) wikiPageWikiLink Major_League_Baseball.
- Luxury_tax_(sports) wikiPageWikiLink NBA_Salary_Cap.
- Luxury_tax_(sports) wikiPageWikiLink NBA_salary_cap.
- Luxury_tax_(sports) wikiPageWikiLink National_Basketball_Association.
- Luxury_tax_(sports) wikiPageWikiLink National_Football_League.
- Luxury_tax_(sports) wikiPageWikiLink National_Hockey_League.
- Luxury_tax_(sports) wikiPageWikiLink New_York_Yankees.
- Luxury_tax_(sports) wikiPageWikiLink North_America.
- Luxury_tax_(sports) wikiPageWikiLink Salary_cap.
- Luxury_tax_(sports) wikiPageWikiLink File:George_Steinbrenner_s_life_work_13july2010_000150.jpg.
- Luxury_tax_(sports) wikiPageWikiLinkText "Luxury tax (sports)".
- Luxury_tax_(sports) wikiPageWikiLinkText "Luxury tax (sports)#Major League Baseball (MLB)".
- Luxury_tax_(sports) wikiPageWikiLinkText "luxury tax".
- Luxury_tax_(sports) wikiPageWikiLinkText "luxury taxes".
- Luxury_tax_(sports) hasPhotoCollection Luxury_tax_(sports).
- Luxury_tax_(sports) wikiPageUsesTemplate Template:For.
- Luxury_tax_(sports) wikiPageUsesTemplate Template:Main.
- Luxury_tax_(sports) wikiPageUsesTemplate Template:Reflist.
- Luxury_tax_(sports) subject Category:Personnel_economics.
- Luxury_tax_(sports) subject Category:Sports_culture.
- Luxury_tax_(sports) subject Category:Terminology_used_in_multiple_sports.
- Luxury_tax_(sports) hypernym Surcharge.
- Luxury_tax_(sports) comment "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 hence destroying the competitive balance necessary for a sport to maintain fan interest.".
- Luxury_tax_(sports) label "Luxury tax (sports)".
- Luxury_tax_(sports) sameAs Taxe_de_luxe_(sport).
- Luxury_tax_(sports) sameAs m.03cnz5.
- Luxury_tax_(sports) sameAs Q15281541.
- Luxury_tax_(sports) sameAs Q15281541.
- Luxury_tax_(sports) wasDerivedFrom Luxury_tax_(sports)?oldid=653190763.
- Luxury_tax_(sports) isPrimaryTopicOf Luxury_tax_(sports).