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Through the end of the current Collective Bargaining Agreement (2011 season), all 30 teams pay 31 percent of their local revenues into a pot each season. This pot is then evenly distributed among the 30 teams. A team in New York or Chicago will pay more into this pot than a team in Tampa Bay or Kansas City. MLB distributes a portion of their Central Fund, which is comprised from sources like the television contract with the various networks, among the 30 teams with the teams that have the lowest revenues getting the most money. There is also a 'luxary tax' where a team must pay into a pot a percentage on the portion of their payroll that exceeds a pre-set limit. The Yankees usually have to put money into this pot due to exceeding the pre-set limit on payrolls ... in the 2008 season, the Yankees contributed $21.6 million into this pot. This money is distributed to teams with lower payrolls.
The thing about RS is that there is no way to really do it appropriately so that it matches MLB. As I just mentioned, perhaps we could allocate additional money to be used on funding prospects' contracts and the draft.
So we are wanting to change RS for the sole reason being that it doesn't match the MLB structure?