CBA expiration at the end of 2021 and how it will impact your buying habits

hermanotarjeta · 01-10-2021, 07:41 PM

The current MLB collective bargaining agreement is set to expire at the end of this year and given the vague nature of when the season will actually start this season and at what levels (including MiLB), will you be more hesitant about making large purchases in baseball cards this year?

Believe it or not, the outcome of the elections may potentially lead to a huge tax hike for multi-millionaires and multi-billionaires - there may be a smaller pie to bite into for each side this year and going forward. In other words, it could get pretty messy, with the possibility of no baseball next season.

Will this section of the hobby (baseball cards) be able to continue to prosper after potentially 3 affected seasons in a row (last year's shortened season and no minor league games, this year's uncertainty, and the possibility of no baseball next year due to a lockout or strike)?

I'm personally a bit concerned and I'm thinking about letting most of my high-end stuff go, or at least curbing my purchases to near nothing.

I'm also concerned about bowman products and the high buy in prices in general, with some minor league players not seeing any action for up to three years.

I think it's a good time to discuss this potentially huge issue.

gmoney328 · 01-10-2021, 07:42 PM

The elephant has officially entered the room.

oldgoldy97 · 01-10-2021, 07:47 PM

A better time to discuss is, say, 9:30. Can we wait until then?

Silas Barnaby · 01-10-2021, 07:48 PM

Threads like these create buying opportunities.

glen87 · 01-10-2021, 07:50 PM

Quote:

Originally Posted by oldgoldy97

A better time to discuss is, say, 9:30. Can we wait until then?

sorry, that does not work for me. can we push it back a bit longer?

Mrpokey · 01-10-2021, 07:51 PM

I'm worried about my Bowman Chrome prospects. I mean these guys haven't seen a live pitch in a year and a half or so, getting little to no teaching, and they are just getting older.

oldgoldy97 · 01-10-2021, 07:51 PM

Quote:

Originally Posted by glen87

sorry, that does not work for me. can we push it back a bit longer?

Oh I suppose.

brothertona · 01-10-2021, 07:51 PM

There are no massive tax hikes coming, Dems have the slimmest majority. I don't think you could pass something like that through reconciliation and there just isn't demand for it. Now that this is out there. MLB is definitely going to lock out. Players don't trust owners, owners don't like players. Players hate minor leaguers, owners want cheap labor. It's going to be bad. I think it could make the 94 Strike look like a walk in the park.

rngrdanny22 · 01-10-2021, 07:53 PM

The sky is falling!

brothertona · 01-10-2021, 07:56 PM

Why waste political capital on tax hikes when you can get VRA/Clean Energy and get past Covid? The post Covid economy is going to be insane. If Dems get DC statehood, PR statehood and a few more seats in the Senate possibly?

ThoseBackPages · 01-10-2021, 08:11 PM

i will continue to collect

rwperu34 · 01-10-2021, 08:40 PM

I am concerned. I am still buying right now but looking forward on a shorter horizon. I will be more aggressive than normal in selling this July. In the end it just another risk to consider.

One thing to consider is while it sucks if the nominal value of the cards you hold goes down, when you sell in a down market you get to buy in a down market. The reverse is true as anybody who has sold anything to buy anything in the last month and half knows.

Hollywood42 · 01-10-2021, 08:48 PM

Collect what you like and you'll never have to worry about the real world messing with your resale market

13goyankees13 · 01-10-2021, 09:09 PM

I would love to see card prices dip significantly. It would be a good chance to get cards at better prices and would hopefully help reduce the demand for boxes so that print runs could decrease, hobby and jumbo boxes could come down in price, and retail could stay on the shelf.

I'll still be buying normally. As long I'm happy with the price I'm paying for cards, prices dropping later doesn't hurt me.

hermanotarjeta · 01-10-2021, 10:09 PM

Quote:

Originally Posted by Hollywood42

Collect what you like and you'll never have to worry about the real world messing with your resale market

I wish I could buy the boxes I like at an affordable price.

Hopefully prices can soften a bit.

tconte · 01-10-2021, 10:25 PM

Quote:

Originally Posted by Hollywood42

Collect what you like and you'll never have to worry about the real world messing with your resale market

So true but not with many here!

Sent from my iPhone using Tapatalk

mchenrycards · 01-10-2021, 10:30 PM

Quote:

Originally Posted by Hollywood42

Collect what you like and you'll never have to worry about the real world messing with your resale market

That has always been my rule to live by in this hobby

SupermanBrandon · 01-10-2021, 10:34 PM

Cancel all of my MySlabs purchases. Im out!

TMQ · 01-10-2021, 10:42 PM

Quote:

Originally Posted by brothertona

There are no massive tax hikes coming, Dems have the slimmest majority. I don't think you could pass something like that through reconciliation and there just isn't demand for it. Now that this is out there. MLB is definitely going to lock out. Players don't trust owners, owners don't like players. Players hate minor leaguers, owners want cheap labor. It's going to be bad. I think it could make the 94 Strike look like a walk in the park.

Where exactly is the resistance going to come from in regards to tax hikes for the top 5%? Their taxes should have been raised a long time ago.

rcmb3220 · 01-10-2021, 10:42 PM

I can’t wait to buy 1983 topps packs for less than $25.

sickmantz · 01-10-2021, 11:41 PM

What really matters..

Will Mercury be in retrograde?

Skipscards · 01-10-2021, 11:46 PM

None impact.

TMQ · 01-10-2021, 11:50 PM

In hopeful that they aren't dumb enough to let things get to the point of a work stoppage. 3 abbreviated seasons in a row will have some serious consequences across the whole hobby on multiple levels

mrb842 · 01-11-2021, 02:09 AM

the players got killed in the last cba and after all the $ they've lost these last 2 years they're going to get run through again as they will be desperate for any kind of deal. what it means long term for current minor league prospects and MLB guys is shorter careers, diminished stats and weaker all time great cases among the current and future generations.

older players whose hof cases had looked dead will see their values rebound as their careers look better next to current stars and I think the energy+investment will shift to younger prospects whose careers weren't impacted by corona.

rwperu34 · 01-11-2021, 02:21 AM

Quote:

Originally Posted by TMQ

Where exactly is the resistance going to come from in regards to tax hikes for the top 5%? Their taxes should have been raised a long time ago.

The resistance will come from the 50 GOP senators and the 5-6 "Blue Dog" Democrats. There might be some little token increase, but there is no path for a huge tax hike.

Somebody ought to send a message to the Dems that lowering taxes on middle and low income people (say under $60k/yr) is another way to make the tax system more progressive. That would be a more correct way to make the tax system more progressive in our current (ie last 13 years) situation. It would be a winning idea politically too!

01-10-2021, 07:41 PM	#1
hermanotarjeta Member Join Date: Feb 2012 Posts: 21,994	CBA expiration at the end of 2021 and how it will impact your buying habits The current MLB collective bargaining agreement is set to expire at the end of this year and given the vague nature of when the season will actually start this season and at what levels (including MiLB), will you be more hesitant about making large purchases in baseball cards this year? Believe it or not, the outcome of the elections may potentially lead to a huge tax hike for multi-millionaires and multi-billionaires - there may be a smaller pie to bite into for each side this year and going forward. In other words, it could get pretty messy, with the possibility of no baseball next season. Will this section of the hobby (baseball cards) be able to continue to prosper after potentially 3 affected seasons in a row (last year's shortened season and no minor league games, this year's uncertainty, and the possibility of no baseball next year due to a lockout or strike)? I'm personally a bit concerned and I'm thinking about letting most of my high-end stuff go, or at least curbing my purchases to near nothing. I'm also concerned about bowman products and the high buy in prices in general, with some minor league players not seeing any action for up to three years. I think it's a good time to discuss this potentially huge issue. Last edited by hermanotarjeta; 01-10-2021 at 07:45 PM.

01-10-2021, 07:47 PM	#3
oldgoldy97 Member Join Date: Jan 2009 Posts: 51,293	A better time to discuss is, say, 9:30. Can we wait until then? __________________ Truly riveting discussion: that’s what your wife/girlfriend/sheep said.

01-10-2021, 07:51 PM	#6
Mrpokey Member Join Date: Aug 2010 Location: East Coast Posts: 5,125 Mrpokey	I'm worried about my Bowman Chrome prospects. I mean these guys haven't seen a live pitch in a year and a half or so, getting little to no teaching, and they are just getting older. __________________ Currently looking for: 2018 Sage Sportkings Kevin VanDam Memorabilia and Autos. Buying over Ebay or Trading high for them

01-10-2021, 08:11 PM	#11
ThoseBackPages Member Join Date: Feb 2010 Location: Long Island Posts: 90,283 ThoseBackPages	i will continue to collect __________________ Pumpers Paradise #YouCryIBuy Four things that we cannot change each others minds about: Politics, Religion, Third Party Grading, and 2021 Bowman's Best Rookie Cards

01-10-2021, 08:40 PM	#12
rwperu34 Member Join Date: Feb 2017 Location: Tempe, AZ Posts: 8,357	I am concerned. I am still buying right now but looking forward on a shorter horizon. I will be more aggressive than normal in selling this July. In the end it just another risk to consider. One thing to consider is while it sucks if the nominal value of the cards you hold goes down, when you sell in a down market you get to buy in a down market. The reverse is true as anybody who has sold anything to buy anything in the last month and half knows. __________________ Me: Did I win? Gixen: Yes. You won. Now you're broke.

01-10-2021, 07:42 PM	#2
gmoney328 Member Join Date: Aug 2019 Location: Navarre, Florida Posts: 4,187	The elephant has officially entered the room.

01-10-2021, 07:48 PM	#4
Silas Barnaby Member Join Date: Apr 2020 Location: Bogeyland Posts: 8,241	Threads like these create buying opportunities.

01-10-2021, 07:51 PM	#8
brothertona Member Join Date: Jul 2019 Location: Atlanta, GA Posts: 6,965 brothertona1	There are no massive tax hikes coming, Dems have the slimmest majority. I don't think you could pass something like that through reconciliation and there just isn't demand for it. Now that this is out there. MLB is definitely going to lock out. Players don't trust owners, owners don't like players. Players hate minor leaguers, owners want cheap labor. It's going to be bad. I think it could make the 94 Strike look like a walk in the park.

01-10-2021, 07:53 PM	#9
rngrdanny22 Member Join Date: Jan 2015 Posts: 12,372	The sky is falling!

01-10-2021, 07:56 PM	#10
brothertona Member Join Date: Jul 2019 Location: Atlanta, GA Posts: 6,965 brothertona1	Why waste political capital on tax hikes when you can get VRA/Clean Energy and get past Covid? The post Covid economy is going to be insane. If Dems get DC statehood, PR statehood and a few more seats in the Senate possibly?

01-10-2021, 08:48 PM	#13
Hollywood42 Member Join Date: Mar 2013 Location: Minnesota Posts: 39,497 Hollywood42	Collect what you like and you'll never have to worry about the real world messing with your resale market __________________ Collecting the Twins All my PC wants/haves available at hollywood42cards.com

01-10-2021, 09:09 PM	#14
13goyankees13 Member Join Date: Jul 2013 Posts: 1,519 13goyankees13	I would love to see card prices dip significantly. It would be a good chance to get cards at better prices and would hopefully help reduce the demand for boxes so that print runs could decrease, hobby and jumbo boxes could come down in price, and retail could stay on the shelf. I'll still be buying normally. As long I'm happy with the price I'm paying for cards, prices dropping later doesn't hurt me. __________________ Currently collecting TTM/IP autos and Minnesota Golden Gophers alumni of all sports.

01-10-2021, 10:34 PM	#18
SupermanBrandon Banned Join Date: Dec 2018 Location: TN Posts: 15,843	Cancel all of my MySlabs purchases. Im out!

01-10-2021, 10:42 PM	#20
rcmb3220 Member Join Date: Jun 2014 Posts: 4,136	I can’t wait to buy 1983 topps packs for less than $25.

01-10-2021, 11:41 PM	#21
sickmantz Member Join Date: Nov 2012 Location: CA Posts: 2,470 vashthe84	What really matters.. Will Mercury be in retrograde? __________________ In a system built on racism, status quo sustains it.

01-10-2021, 11:46 PM	#22
Skipscards Member Join Date: Oct 2012 Location: In Tribute To The Great Ryno Posts: 30,195 jlankf2 jmp4	None impact. __________________ Go Royals!! #RoyalsIn2015 <---It Happened!! #TEAMZinck Sometimes it is astounding that we are able to persist in a world so full of morons.

01-10-2021, 11:50 PM	#23
TMQ Member Join Date: Sep 2018 Location: Seattle, Washington Posts: 497	In hopeful that they aren't dumb enough to let things get to the point of a work stoppage. 3 abbreviated seasons in a row will have some serious consequences across the whole hobby on multiple levels

01-11-2021, 02:09 AM	#24
mrb842 Member Join Date: Nov 2020 Location: midwest Posts: 1,692	the players got killed in the last cba and after all the $ they've lost these last 2 years they're going to get run through again as they will be desperate for any kind of deal. what it means long term for current minor league prospects and MLB guys is shorter careers, diminished stats and weaker all time great cases among the current and future generations. older players whose hof cases had looked dead will see their values rebound as their careers look better next to current stars and I think the energy+investment will shift to younger prospects whose careers weren't impacted by corona.