TheBaseballPage.com

Luxury tax set at $178 million in 2012; Yankees, Red Sox, and Phillies are in jeopardy.

Luxury tax set at $178 million in 2012; Yankees, Red Sox, and Phillies are in jeopardy.

Luxury tax set at $178 million in 2012; Yankees, Red Sox, and Phillies are in jeopardy.

Jon Heyman of SI tweets "Hear teams over $178M lux tax threshhold will be taxed at 42 pct in 2012, 50 pct in '13. Mainly affects nyy, bos, phil. #MLB, #cba" @SI_JonHeyman

"sources: luxury tax threshhold on payrolls will stay at $178M for '12 and '13, rise to $189M for '14, '15, '16. #MLB, #cba" @SI_JonHeyman

"While there r no hard slots for draft, tax for teams over recommended slots said significant. Also, tax on international signings" @SI_JonHeyman

Based on beginning of the year salaries for the 2011 season(USA Today), the only team over the $178M for 2012 were the New York Yankees at $ 202,689,028.

The Phillies were second at $172,976,379, Boston was third at $161,762,475 and the White Sox were fourth, way behind, at $138,543,166.

The only teams that are realistically in jeopardy of these taxes in 2012 are the Yankees, Phillies, and Red Sox.

 

In 2010 the luxury tax was $170M, the Yankees ($18M) and Red Sox ($1.49M) were the only teams penalized.

By Truth and rumors
Tuesday, 22 Nov 2011

 

More From Around the Web

Sponsored Links

This day in baseball history

September 17

  • 1998

    On September 17, 1998, Chet Hoff, who pitched to Ty Cobb and ...

  • 1996

    On September 17, 1996, Hideo Nomo of the Los Angeles Dodgers ...

  • 1984

    On September 17, 1984, Reggie Jackson of the California Ange ...

More Baseball History

Player Profile

Andy Abad

1B, Boston Red Sox

Read Bio
Hall of Fame

Cap Anson

1B, Rockford Forest Citys

Read Bio
Season Profile

1968 Boston Red Sox

The two major accide

Read Bio
Historical Figure

Theo Epstien

Boston Red Sox GM, won first

Read Bio
Manager Profile

Tony LaRussa

Oakland Athletics

Read Bio
Ballpark Profile

Ebbets Field

Home of the Brooklyn Dodgers

Read Bio
No votes yet

Comments

  • Essential said: I don’t think they are. They are two of the most famous teams out there. - Adam LaFavre 6:48PM 03/09/14
Login or register to post comments

Stay Connected

Share |

Today's Poll

Will Red Sox Repeat in 2014: