Anyone who's interested in the luxury tax and where it's headed under the new agreement should read this. It's an eye-opener. It explains why under the new agreement teams will be even more discouraged from exceeding the threshold, because of the added penalty on revenue sharing recovery. As the writer said, it's surprising that the players union agreed to this.
http://www.cnbc.com/id/45554847/Did_The_Baseball_Union_Make_a_Colossal_Mistake