John Henry has some extremely compelling ideas on how to restore "competitive balance" to MLB. That is, they are compelling if you buy into the idea that "competitive balance" needs restoring. Click through this link for more details, there is a lot of fodder for discussion over at the Globe. The key tenet of Henry's structure for restoration of such balance is a progressive payroll tax in lieu of revenue sharing. We haven't decided how we feel about this, but it seems, on the surface, to be quite reasonable: Owners aren't penalized because of the strengths of their market or the popularity of their team, they are only taxed on what they decide to devote to talent. This only works in concert with our own favorite (and, we think essential) component of Henry's proposal: a minimum payroll requirement to any team receiving money from contributing clubs. No pocketing of the dough by the wastrel clubs, which is likely what happens in some form with the current structure.
Discuss in the comments.