Word: limitates
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Averell had 49 points deducted, forcing him over his spending limit. For every one point deducted, a candidate loses one dollar in spending. For every 10 points lost, a candidate loses an additional $10 in spending...
When the campaign ended last Friday, most candidates had only spent $70 of their $100 limit...
...heads of the players union, giddy, they cannot in good conscience say that there is not a problem--presuming, of course, Fehr and Orza have a conscience. Watch when October hits for owners to put together a salary cap or a serious luxury tax proposal to do something to limit salaries--or force a team to accept tradeoffs if they overspend on a free agent...
...proposal would be an extreme luxury tax. Set the limit at something around $70 million and, in fairness to the union, set a minimum overall salary of around $30 million. When a team oversteps the limit, take the amount it is over by and tax it at around 50% and distribute that money to the bottom third of the league to give them more capital to compete. I see this as a win-win situation overall because it curbs the utterly ridiculous salaries like those of Rodriguez and Manny Ramirez (Yeah Sox fans, stop bitching about the Yankees when...
...campaign has been shut down for excessive violations which caused him to go over his spending limit," said Kyle D. Hawkins '02, chair of the election commission...