Are you ready for some payroll taxes? (In baseball, that is)

MLB?Commissioner Bug Selig shakes hands with Red Sox pitcher Andrew Miller at Tuesday’s announcement.

Major League Baseball?and the Player’s Association announced the details of a new collective bargaining agreement Tuesday that will keep labor peace through 2016.

That’s the good news.

The bad news — big market clubs like the Red Sox, Yankees and Phillies will all have some new issues to contend with.

In MLB’s continuing quest for parity the new CBA includes multiple changes to the luxury tax, free agent signing rules and a new tax on signing players from the MLB draft.

While it’s unlikely sides would ever agree on a salary cap, they did make changes to the luxury tax already in place. Not only will teams owe the amount over the tax threshold, they will now be taxed on that percentage.

According to reports, the new luxury cap will be $178 million in 2012. Go over that with your payroll and you’ll pay a 42 percent tax. In 2013, that increases to 50 percent.

The only three teams remotely close to $178 million in 2011 — the Red Sox ($164 million, Phillies ($165 million) and Yankees ($207 million).

Also working against the big market clubs will be new rules on signing draft picks. MLB?has had a recommended contract for each slot in the draft. However, they had no rules in place to enforce it.
Small market teams were priced out of signing some top talent, while big market clubs like the Yankees would pay above slot — sometimes way above — at the back of the round. There’s still no hard slotting, but teams will now pay a tax based on how far over slot they pay draftees.

HGH test to be put in place

Maybe the most mentioned addition to the new CBA?will be the implementation of human-growth hormone testing.

Every player will be tested during spring training, while select players could be tested during the season “with due cause.”

A positive test will result in the same penalties as other performance-enhancing drugs — 50 games on the first positive test, then 100 games and a ban on the next two.

Random offseason testing will begin following the 2012 season.



News
Entertainment
Sports
Lifestyle
National

No criminal charges in fatal gun range shooting…

County law enforcement officials in Arizona said on Thursday no criminal charges are pending after a probe into a gun range incident in which a 9-year-old girl fatally shot her…

National

California passes 'yes-means-yes' campus sexual assault bill

Californian lawmakers passed a law on Thursday requiring universities to adopt "affirmative consent" language in their definitions of consensual sex, part of a nationwide drive to curb sexual assault on…

National

Syrian refugees top 3 million, half of all…

By Stephanie NebehayGENEVA (Reuters) - Three million Syrian refugees will have registered in neighboring countries as of Friday, but many remain trapped by the advance…

International

North Korean leader's money manager defects in Russia:…

A senior North Korean banking official who managed money for leader Kim Jong Un has defected in Russia and was seeking asylum in a third country, a South Korean newspaper…

Going Out

'Friends' coffeehouse Central Perk coming to NYC —…

"Friends" is coming back for a one-off special: "The One with the Free Coffee." Warner Bros. is bringing a pop-up replica of Central Perk, the…

Movies

Interview: 'As Above, So Below' directors: 5 ways…

The fraternal directors of the found footage horror "As Above, So Below" dish on the best ways to frighten the bejesus out of audiences.

Movies

Criterion's new Jacques Demy box mixes the light…

Jacques Demy, the most effervescent of French New Wave filmmakers, gets a Criterion box all to himself, with classics like "The Umbrellas of Cherbourg."

Entertainment

Comedian Joan Rivers, 81, rushed to New York…

NEW YORK (Reuters) - Acerbic comedian and fashion critic Joan Rivers was rushed to Mount Sinai Hospital in New York on Thursday after she reportedly…

NFL

3 things we learned in the Giants preseason…

The final score didn’t matter — a 16-13 win by the Giants — but it would’ve been nice to finally see Big Blue’s new-look offense get on track.

NFL

NFL Power Rankings: Seahawks, Broncos, Patriots, 49ers start…

NFL Power Rankings: Seahawks, Broncos, Patriots start at top

U.S. Soccer

5 facts about new England captain Wayne Rooney

Manchester United striker Wayne Rooney was named as the new England captain by coach Roy Hodgson on Thursday.

NFL

Jets vs. Eagles: 3 things to watch

A win on Thursday night at the Eagles would give the Jets a 3-1 record and just their second winning preseason under head coach Rex Ryan.

Style

Trend: White hot on the 2014 Emmy's red…

White was one of the big trends on the Emmy's red carpet.

Food

Recipe: Samuel Adams beer-marinated grilled shrimp

Summer calls for two things: a cold beer and light food. Sam Adams' Latitude 48 IPA fairly bursts with citrus notes, making it an ideal marinade…

Wellbeing

4 healthy ingredient swaps to make your meals…

When it comes to eating well, everyone knows they could be doing better. But cooking in an apartment on a busy schedule is a recipe…

Wellbeing

Heart trumps brain when it comes to movies…

When you need a good cry, do you reach for the movie that’s “based on a true story”? Science says you’re giving your brain far…