Blizzard ended the Competitive Balance Tax in 2021.
details what the two leagues called a Competitive Balance Tax. Under the tax, if one of the franchised teams paid its players over a limit imposed by Activision Blizzard, the teams would be fined and have the fee distributed to the other non-offending teams. In theory, the Competitive Balance Tax was to prevent richer, better resourced teams from gobbling up the best talent with high salaries . But it seems that, in practice, this was used to deflate wages for all players overall.
The DOJ’s press release also contains the terms for the settlement’s consent decree, which would prohibit Activision Blizzard from imposing any kind of tax or salary cap in the future.by the Department of Justice. Joe Christinat, spokesperson for Activision Blizzard, commented on the suit in an email to“We have always believed, and still believe, that the Competitive Balance Tax was lawful, and it did not have an adverse impact on player salaries.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
DOJ files antitrust lawsuit against Activision Blizzard for allegedly suppressing esport payThe Justice Department filed an antitrust lawsuit Monday against video-game maker Activision Blizzard Inc. for allegedly suppressing player play in...
Read more »
Activision Blizzard to settle DOJ esports salary claimsIt comes after a long investigation into Activision’s efforts to limit pay for players in leagues it owns and operates.
Read more »
Justice Coalition continues to ‘Shoot for Justice’ to raise money for violent crimes victimsDozens gathered Saturday for a unique fundraiser to help the Justice Coalition complete its mission to help victims affected by violent crimes.
Read more »
Blizzard warnings posted as high-impact snowstorm takes aim at northern Plains, Upper MidwestA powerful coast-to-coast storm is expected to bring blizzard conditions to millions of people living in the Plains and Upper Midwest this week and could significantly impact travel.
Read more »
Winter Storm Will Produce Blizzard Conditions | Weather.comAnother strong area of low pressure is expected to spread snow and wind across parts of the western and central U.S. as April begins. - Articles from The Weather Channel | weather.com
Read more »