I didn't expect the difference to be this much... 8.1 billion won! LG exceeded 21%, and Kiwoom did not even fill half of it

I didn't expect the difference to be this much... 8.1 billion won! LG exceeded 21%, and Kiwoom did not even fill half of it

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The LG Twins became the first team to exceed the ceiling since the introduction of a competitive equal tax (salary cap). The Kiwoom Heroes, who spent the least amount of money, spent less than the ceiling.메이저놀이터

KBO officially announced on the 18th that LG exceeded the upper limit of KRW 2429.78 million as a result of the total amount of the top 40 annual salaries for each club in 2024.

The KBO has implemented a salary cap system since 2023 for upward leveling of the league's power and sustainable development. It changed its name to "competitive equal tax" this year. If a certain amount of money is spent on a player's ransom, the team pays the "baseball development fund" for the excess. The move is aimed at preventing rich teams from monopolizing expensive players.

KBO said, "We applied a competitive equal tax cap of KRW 11.426.38 billion this season, which is 120% of the club's annual average, which adds up the amount of the top 40 players in each club's annual salary (salary, actual payment of options, and the annual average down payment amount of FA among foreign players and rookie players)."

LG's total amount of the top 40 players was 13.85616 billion won. It exceeded the upper limit by about 21 percent, or 2.42 billion won.

For each club, KIA adjusted well within less than 10% of the upper limit, including 11.24 billion won, Doosan 11.19436 billion won, Samsung 11.18 billion won, Lotte 11.15 billion won, Hanwha 10.7 billion won, KT 10.51 billion won, and SSG 10.457 billion won.

NC was nearly 2 billion won less than 9.47 billion won.

Kiwoom spent 5,678.76 billion won the least. It does not exceed 50 percent of the upper limit. The difference from LG is more than 8.1 billion won.

Coincidentally, NC and Kiwoom are 9th and 10th in the 2024 regular season rankings.

If the upper limit of the equal competition tax is exceeded, 50% of the excess must be paid to the baseball development fund. If it exceeds two consecutive times, 100% of the excess must be paid to the baseball development fund, and the right to nominate for the first round of the following year falls by 9 steps. In the case of three consecutive times of excess, 150% of the excess must be paid to the baseball development fund, and the right to nominate for the first round of the following year falls by 9 steps.

It is very similar to the CBT (Comprehensive Balance Tax) system of Major League Baseball. In the case of Major League Baseball, tax rates are applied differently depending on the amount of excess, which is even more complicated. In the case of Major League Baseball, if the amount exceeds 40 million U.S. dollars, the right to draft rules 4 is pushed back to 10 levels.