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

July 02

  • 2007

    On July 2, 2007, Roger Clemens pitches eight strong innings ...

  • 1989

    On July 2, 1989, Robin Yount of the Milwaukee Brewers collec ...

  • 1985

    On July 2, 1985, Joe Niekro of the Houston Astros wins his 2 ...

More Baseball History

Player Profile

Don Newcombe

P, Brooklyn Bridegrooms

Read Bio
Hall of Fame

Heinie Manush

OF, Detroit Tigers

Read Bio
Season Profile

2001 Detroit Tigers

The Tigers were hopi

Read Bio
Historical Figure

Dick Tidrow

 

Read Bio
Manager Profile

Rudy York

Detroit Tigers

Read Bio
Ballpark Profile

U.S. Cellular

Originally, the park was a

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: