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The Act Prohibiting Importation of Slaves of 1807 (2 Stat. 426, enacted March 2, 1807) is a United States federal law that prohibited the importation of slaves into the United States. It took effect on January 1, 1808, the earliest date permitted by the United States Constitution . This legislation was promoted by President Thomas Jefferson ...
Major League Baseball (MLB) has a luxury tax called the "Competitive Balance Tax" (CBT). In place of a salary cap, the competitive balance tax regulates the total sum of money a given team can spend on their roster. Salary caps are common across professional sports leagues in the United States.
Joan Whitney Payson (February 5, 1903 – October 4, 1975) was an American heiress, businesswoman, philanthropist, patron of the arts and art collector, and a member of the prominent Whitney family. She was also co-founder and majority owner of Major League Baseball 's New York Mets baseball franchise, and was the first woman to own a major ...