As acting commissioner of the Waffle League, I propose the following salary cap and floor. The floor shall be placed 25% less than the average major league payroll. The ceiling shall be blaced at 200% of the average major league payroll.
Since the average of all payrolls combined is $72,957,573, the floor shall be $54,718,179.88 and the ceiling shall be $145,915,146.33.
Penalties for first time offense of the floor or ceiling shall be a fine equal to the amount of your entire payroll. Second offenses in consecutive years will result in the forfeiture of your team.
Swift and severe.
I have spoken.
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