Thursday, November 24, 2011
Wall Street Journal, New Rules Your Tax Lawyer Will Love
Major League Baseball's owners and players [have] brought some ... rare and sweeping changes to the game. Among them: two extra playoff teams per season, instant replay for fair/foul calls and trapped balls, an international draft, new limits on what teams can spend to sign draft picks, the effective end of free-agent compensatory draft picks, blood tests for human growth hormone and regulations on when and where players can chew tobacco.
If there's any bad news, it's this: Fans who haven't pursued coursework in theoretical mathematics at the MIT may have a hard time understanding what's going on half the time. ... If you strip away all the new player classifications, salary slots, taxes and penalties, the bottom line is that baseball's current leaders are dead-set on limiting the advantages of rich clubs and helping its tired, poor and huddled teams (like the Kansas City Royals) get a more realistic shot at making it to the World Series.