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Luxury Tax Newsbeat

Friday, September 14, 2018

Red Sox, Nationals only teams on track to pay MLB’s luxury tax

NEW YORK—The Boston Red Sox and Washington Nationals are the only teams on track to pay baseball’s luxury tax this year, according to opening-day payroll totals compiled by Major League Baseball and obtained by The Associated Press.

Boston’s payroll at the start of the season for purposes of the tax was $233.9 million, which would cause the Red Sox to pay a $9.4 million tax. Washington’s payroll was $201 million, which would result in a tax of $1.2 million.

San Francisco was just below the $197 million tax threshold at $196.66 million. The Giants were followed by the Chicago Cubs ($183.9 million), Houston Astros ($182.4 million), Los Angeles Dodgers ($181.99 million) and New York Yankees ($178.8 million).

I suspect that some of you will have a lot to say about this, in decidedly dramatic tones…..

QLE Posted: September 14, 2018 at 07:47 AM | 11 comment(s)
  Beats: luxury tax, nationals, red sox

 

 

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