MLB's Luxury Tax Became A Salary Cap Because Of Decades Of Failures
by Marc Normandin from Deadspin > Sports News Without Fear, Favor or Compromise on (#486ED)

Major League Baseball's luxury tax was introduced as a compromise during collective bargaining in the late 1990s as a way to avoid implementing a salary cap, which had been one of the major points of conflict that led to the 1994 strike by the Major League Baseball Players Association. In the years of strained labor"