Even Red Sox Now In Favor Of MLB Salary Cap?

With steroids now dominating the headlines in baseball again, the sport needs a new public relations makeover. Could a salary cap be just the gesture the sport needs to get back in the good graces of the American people? The idea has been knocked around for years, but now even big market teams like the Red Sox are throwing support toward the idea.

yankees money hat

(No, no, not that kind of salary cap)

Of course, the Sox are only interested these days because of the new stadium down in New York, which is going to put massive amounts of cash in the pockets of the Steinbrenners — and allow them to spend even more on salaries. It’s not insane, even, to think that the Yanks would run their payroll up to $300 million or more in the next few seasons.

So, is there finally hope for the Royals?

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Economic Woes To Mean Lower NBA Salary Cap?

It’s pretty clear that certain baseball teams who shall not be named are immune from the recession. But other sports with salary caps are starting to feel the crunch. Word around the league is that the NBA’s cap and luxury tax threshold will actually be lower next season, for the first time in the history of the league.

Mark Cuban

The two figures are at $58.68 and $71.15 million this season, and are based on the league’s basketball-related income. With attendance down, not to mention luxury boxes and merchandising, the hard and fast math means, according to the PORTLAND TRIBUNE, NBA teams could have more than a million dollar less to spend on the 2009-2010 season.

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