Orioles’ owner publicly wishes for salary cap

David Rubenstein spoke up about his wishes for a salary cap, which signals we should be watching to see if other owners start bringing it up, too.

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There’s been all kinds of talk in MLB lately about the need for a salary cap. There is no need at all, of course, given it’s attempting to solve a problem that doesn’t actually exist in more ways than one: there’s what Rob Mains pointed out last week at Baseball Prospectus, in that the competitive imbalance cited as evidence of the need for a salary cap doesn’t actually exist, and there’s also what I’ve been harping on for some time now, where the problem is not the teams like the Dodgers that are outspending everyone, but the huge chunk of the league that wasn’t spending enough years ago and isn’t spending more now even as other clubs do increase spending.

It keeps coming up, though, so let’s dive in again. Jeff Passan, over at ESPN, wrote a piece last week that included this bit that I want to highlight:

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Maybe the new Orioles’ owner will extend their exciting young players

The Orioles promoted another top prospect, which is as good a time as any to wonder if things will be different now.

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Happy Jackson Holliday… day. The son of Matt Holliday is also the top prospect in the Orioles system, and, an even bigger deal, also the minors just in general. The when of the call-up is a bit weird, since the O’s didn’t let him start the season in the majors but he’s still been promoted early enough that he’s eligible for the “don’t manipulate service time” prize at the end of the season, but hey. He’s here now. Neat.

So, it’s a good time to remind everyone of what John Angelos, the previous principal owner of the Orioles, thought about extending their young players so that their competitive window could stay open for longer, even if it cost more than when these guys are all league-minimum or close to it players:

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