#luxury-tax

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MLB Trade Rumors
1 month ago
Major League Baseball

NL Notes: Pham, Contreras, Cabrera, Garrett, Uhlman

The Padres are interested in signing Tommy Pham but wary due to potential constraints on future moves and the luxury tax threshold.
There are discrepancies in different projections of the Padres' current tax number, impacting their decision on signing Pham. [ more ]
Los Angeles Times
1 month ago
LA Dodgers

Column: The Dodgers are expected to win. But has MLB stacked the odds against them?

Major League Baseball prioritizes promoting hope and interest over crowning the best team as champion.
Expansion of playoffs is a response to the lack of significant competitive balance due to the luxury tax. [ more ]
MLB Trade Rumors
1 month ago
Major League Baseball

Astros Reportedly "Long-Shots" To Land Blake Snell

The Houston Astros are in pursuit of Blake Snell, but may not land him due to the high asking price.
Astros are cautious about going over the luxury tax threshold with a potential Snell deal. [ more ]
Newsday
2 months ago
New York Yankees

Are Yankees best served with Oswaldo Cabrera and Oswald Peraza as backups?

The Yankees have a high payroll that would double with the luxury tax on new signings.
Utilityman Hernandez chose Dodgers over Yankees for more playing time. [ more ]
www.amny.com
2 months ago
New York Yankees

Why haven't the Yankees signed Blake Snell yet? | amNewYork

Yankees facing luxury tax constraints
Blake Snell's contract demands and performance concerns [ more ]
www.mlbtraderumors.com
2 months ago
New York Yankees

Yankees, Blake Snell Continue Talks; Deal Seems Unlikely

The Yankees offered Snell a deal, discussing various contract parameters; Snell may consider shorter-term high-salary offers with opt-out opportunities.
The Yankees face challenges with luxury tax penalization and draft pick forfeitures if they sign Snell to a high Average Annual Value (AAV) deal. [ more ]
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luxury tax
Pinstripe Alley
5 months ago
New York Yankees

Around the Empire: Yankees news - 12/6/23

Trade talks are putting pressure on Yankees coaches to handle communication with players in difficult situations.
The Yankees dropped in the draft order due to exceeding the luxury tax threshold in 2023. [ more ]
Dodger Blue
5 months ago
LA Dodgers

This Day In Dodgers History: Steve Howe Wins Rookie Of The Year; Highest Luxury Tax Bill Paid

Steve Howe was named the winner of the 1980 National League Rookie of the Year Award, extending the Dodgers' streak of Rookie of the Year winners to two in a row.
The Dodgers paid a record-breaking luxury tax bill of $43.7 million in 2015, the largest in MLB history. [ more ]
New York Daily News
10 months ago
Brooklyn Nets

Repeater tax looms large as Nets look to finish building out roster for new season

The Nets are repeat tax offenders and need to manage their finances to avoid steep luxury tax penalties.
They have limited room to add new players with a salary of less than $10 million. [ more ]
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MLB Trade Rumors
2 months ago
Major League Baseball

Justin Verlander To Begin Season On Injured List

Justin Verlander to begin the season on the injured list due to right shoulder soreness
Astros taking a cautious approach to ensure Verlander's full recovery [ more ]
MLB Trade Rumors
2 months ago
Major League Baseball

Blue Jays Unlikely To Make Significant Free Agent Move

Blue Jays general manager Ross Atkins suggests that any significant additions to the team would require subtracting from the roster.
The Jays have a high payroll and are subject to luxury tax penalties, which could limit their ability to make impactful free agent signings. [ more ]
www.mlbtraderumors.com
3 months ago
Major League Baseball

Rangers Not Actively Involved In Jordan Montgomery Market

The chances of the Texas Rangers re-signing Jordan Montgomery seem unlikely due to financial constraints and the team's luxury tax status.
The Rangers have already committed a significant amount of money to their roster and signing Montgomery would push their contractual commitments to around $160MM, a full year in advance. [ more ]
MLB Trade Rumors
3 months ago
Major League Baseball

Red Sox Plan To Reduce Payroll

The Boston Red Sox are not planning to have a higher payroll in 2024 compared to 2023, indicating a cautious approach to spending during the offseason.
While the team's projected salary for 2024 is similar to last year's Opening Day payroll, there's a significant gap between their luxury tax numbers.
The Red Sox narrowly exceeded the luxury tax in 2022, but staying above the threshold affected their draft compensation and they finished in last place in the AL East. [ more ]
MLB Trade Rumors
5 months ago
Major League Baseball

Latest On Luxury Tax Implications Of Shohei Ohtani's Contract

Shohei Ohtani agrees to a ten-year, $700MM deal with the Dodgers
Deferrals in Ohtani's contract could lessen the tax burden on LA considerably [ more ]
New York Post
3 months ago
New York Mets

Why Mets now carry such low expectations this late in Steve Cohen's tenure

The New York Mets and the Los Angeles Dodgers have the highest player spending and are above the luxury tax threshold.
Despite high payroll, the Mets are currently in a mediocre position, which is surprising given owner Steve Cohen's desire to win. [ more ]
Silver Screen and Roll
3 months ago
LA Lakers

Spencer Dinwiddie's contract includes one of the weirdest bonuses in NBA history

Spencer Dinwiddie has signed a contract with the Los Angeles Lakers that includes a $1 bonus if the team wins the NBA Championship.
Due to the luxury tax implications, the $1 bonus will actually cost the Lakers $1.50 to pay out. [ more ]
Bleacher Report
3 months ago
Boston Celtics

Celtics, Warriors, Heat Among Teams Facing Restrictions on Buyout Market amid Trades

Teams that have exceeded the luxury tax apron will have restrictions on signing buyout players.
The Boston Celtics are one of the teams affected by the new restrictions. [ more ]
dodgerblue.com
5 months ago
LA Dodgers

Shohei Ohtani Expresses 'Same' World Series Goal As Dodgers Fans

The Los Angeles Dodgers have signed Shohei Ohtani to a 10-year, $700 million contract with the majority of the amount being deferred salary.
The contract structure will allow the Dodgers to continue adding talent to their roster while Ohtani becomes a driving force in the lineup. [ more ]
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