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The National Basketball Association is a league which has a soft cap. I will look at how a hard salary cap would affect parity in Major League Baseball. There would also be a minimum salary limit to keep teams from having low in order to maximize profits.
The criticism that the New York Yankees organization, whom I am a fan, hears about every year is that they are buying a World Series when they have a payroll that is much higher than anybody's in baseball, which obviously didn?t happen last year. The Yankees payroll was 156 million last year compare that to the team with the second highest payroll the Los Angeles Dodgers at 115 million and it is easy to see that the Yankees are able to spend much more money on their team than any other organization...
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