00:00I can tell you that I know it's the first salvo to this.
00:03There's going to be a lot of back and forth, a lot of threats,
00:06a lot of we're never going to sign and all that kind of stuff
00:08as part of negotiating ploys.
00:10That deal's dead on arrival, obviously.
00:13Well, of course.
00:13But it's a starting point.
00:15So that's where the owners are starting at.
00:17A floor of 171, a cap at 245.
00:21It's also the first time that Major League Baseball has proposed a deal
00:26with a salary cap in it since 1994.
00:30So it's the first time this is even a thing.
00:33They didn't even mess around with a salary cap.
00:35So 32 years.
00:3732 years since they've even proposed this
00:39because they know how diametrically opposed the union is to it.
00:42And my gut is that if they don't give on a salary cap,
00:47we're missing baseball games.
00:49The union is not going to accept the salary cap without missing baseball games.
00:53Well, certainly not at that number.
00:55Theoretically.
00:57Theoretically, there could be a number where they go,
00:58oh, that's a reasonable number.
00:59The floor is pretty high.
01:01Because weren't the players at 150 yesterday?
01:04Yes, the players wanted to get taxed for being under 150.
01:06Okay, so they're $20 million apart on a floor.
01:08Well, sort of.
01:10They want tax, not a hard floor.
01:12Okay, but to me, that's semantics.
01:15That's not that far away.
01:16Well, then why is Major League Baseball looking for a cap?
01:17They already have a tax on the ceiling.
01:19So if it's semantics, if you're going to call that the floor,
01:22then why isn't the luxury tax a ceiling?
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