wpr
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12 years ago
Baseball needs a hard cap. The Yankees don't care about paying a luxury tax. Now the Angles are loading up with the best players.

The New York Yankees were hit with an $18.9 million luxury tax by Major League Baseball, the 10th consecutive year they will pay a penalty for their spending.

The team finished with a $222.5 million payroll for purposes of the tax, according to figures sent to teams Thursday and obtained by The Associated Press.

Following its payroll-shedding trade with the Los Angeles Dodgers last summer, Boston finished just $47,177 under the $178 million threshold. The Los Angeles Angels wound up at $176.7 million and Philadelphia at $174.5 million.

Figures include average annual values of contracts for players on 40-man rosters, earned bonuses and escalators, adjustments for cash in trades and $10.8 million per team in benefits.

New York has run up a luxury tax bill of $224.2 million over the past decade, with the fee increasing from $13.9 million last year. The Yankees' tax rate rose from 40 percent to 42.5 percent this year and figures to climb to 50 percent next season. But they hope to get under the threshold in 2014, when it rises to $189 million. Dropping under the threshold would lower their potential tax rate in 2015 to 17.5 percent.

"It affects my decision-making process, my communication about the pressure points we have," Yankees general manager Brian Cashman said, adding that market rates for free agents also impact his choices.

For the regular payroll calculation -- 2012 income plus prorated shares of signing bonuses -- spending by the 30 big league teams broke $3 billion for the first time at $3.15 billion after falling $43,000 short of the milestone last year.

The Yankees finished at a record $223.3 million, their 14th consecutive year as the biggest spender and topping their previous mark of $222.5 million in 2008.

However, the Dodgers could break that mark next year after a summer and autumn of acquisitions. Los Angeles is at $207.9 million for 21 signed players, including adjustments for the August trade with Boston that brought Adrian Gonzalez, Carl Crawford and Josh Beckett to the Dodgers. The Yankees are at $182 million for 14 players, including a deal with Ichiro Suzuki that hasn't been finalized.

"You don't get a trophy for having the highest payroll," Cashman said. "I'm not going to feel weird either way, if we're the highest or we're not the highest. That's not the issue. Just want to be the best."

Philadelphia was second at $169.7 million, followed by Boston ($168.6 million), the Angels ($160.1 million), AL champion Detroit ($140.7 million) and World Series champion San Francisco ($138.1 million).

Even while shedding some stars during the season, Miami rose from $61.9 million to $89.9 million. The Marlins figure to drop to the bottom of spending next year after trading nearly all their veterans.

Among the big slashers were the New York Mets (from $142.2 million in 2011 to $103.7 million) and the Chicago Cubs (from $140.6 million to $107.7 million).

Oakland won the AL West despite the lowest payroll in the major leagues at $59.5 million. The division rival Angels rose from $143.1 million to $160.1 million yet still missed the playoffs. They added slugger Josh Hamilton this week with a $125 million, five-year deal set to be announced Saturday.

The Dodgers, sold during the season to a group headed by Mark Walter, Stan Kasten and Magic Johnson, climbed from $109.9 million in 2011 to $129.1 million. In the last week, they added pitchers Zack Greinke ($147 million over six years) and Ryu Hyun-jin ($36 million over six years).

The commissioner's office computed the average salary at a record 3,104,563, up 2.2 percent from last year's $3,039,161. The players' association, which uses a slightly different method, pegged the average at $3,213,479, up 3.8 percent.

Payroll figures are for 40-man rosters and include salaries and prorated shares of signing bonuses, earned incentive bonuses, non-cash compensation, buyouts of unexercised options and cash transactions, such as money included in trades. In some cases, parts of salaries that are deferred are discounted to reflect present-day values.

According to the collective bargaining agreement, checks to pay the luxury tax must be sent to the commissioner's office by Jan. 21.






2012 MLB Payrolls

The New York Yankees again led Major League Baseball in payroll this past season. Here's a look at the top 10-spending teams in MLB:
Payroll
Yankees $223,302,212
Philadelphia $169,728,180
Boston $168,614,614
L.A. Angels $160,146,581
Detroit $140,701,213
San Francisco $138,149,994
Texas $134,283,218
L.A. Dodgers $129,080,186
St. Louis $115,449,953
Cubs $107,708,021






Here's a look at the five least-spending teams in MLB this past year, led by the AL West-winning Athletics:

Payroll
Oakland $59,493,290
Pittsburgh $61,300,313
San Diego $62,878,686
Houston $63,941,672
Kansas City $68,609,031
-- Figures are for 40-man rosters and include salaries and pro-rated shares of signing bonuses, earned incentive bonuses, non-cash compensation, buyouts of unexercised options and cash transactions



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rabidgopher04
12 years ago
I still can't believe that guys get paid that much to play baseball.
Amazing Bacon Delivery  Service! Never be without good bacon again.
yooperfan
12 years ago
I find it hilarious that the Cubs are in the top 10 in payroll when they have a bunch of stumps that would be hard pressed to win the Little League World Series.

The goat still prevails!
Porforis
12 years ago

I still can't believe that guys get paid that much to play baseball.

Originally Posted by: rabidgopher04 



And to imagine, you can get GOOD tickets for $45 at some games, nosebleed tickets can be as cheap as $10-$15.
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Mucky Tundra (2-Apr) : Who?
Zero2Cool (2-Apr) : Texas’ WR Isaiah Bond is scheduled to visit the Bills, Browns, Chiefs, Falcons, Packers and Titans starting next week.
Zero2Cool (2-Apr) : Spotting ball isn't changing, only measuring distance is, Which wasn't the issue.
Zero2Cool (2-Apr) : The spotting of the ball IS the issue. Not the chain gang.
Mucky Tundra (2-Apr) : Will there be a tracker on the ball or something?
Zero2Cool (1-Apr) : uh oh
Martha Careful (1-Apr) : Too bad camera's can't spot the ball as well.
Mucky Tundra (1-Apr) : So will the chain gang be gone completely or will they still be around as a backup or whatever?
Zero2Cool (1-Apr) : The method for measuring first downs in the NFL will switch from chain gangs to camera-based technology in 2025, the league announced.
Martha Careful (1-Apr) : A big step in the right direction. Just put in the college system is very very good.
Zero2Cool (1-Apr) : NFL has passed a rule that allows both teams to possess the ball in OT during the regular season
Zero2Cool (1-Apr) : Touchbacks on kickoffs will now bring the ball to the 35-yard line.
beast (31-Mar) : It might of gotten more popular recently, but braiding hair (even men) in certain cultures goes back for centuries.
Martha Careful (30-Mar) : Is men braiding their hair a new style thing? Watching the NCAA men's tournament many players have done
Zero2Cool (29-Mar) : Ha. Well, it'd be nice for folks to reset their own password. Via validated email 😏
beast (29-Mar) : Monopoly was supposed to be an educational game, that show how evil capitalism was and how we should avoid it
beast (29-Mar) : Lol, I was thinking username would be better, as then I wouldn't have to keep an email up to date lol 😂
beast (29-Mar) : Zero2Cool (25-Mar) : I was thinking email because I think it'll make folks keep it up todate lol
wpr (29-Mar) : sure is
Zero2Cool (29-Mar) : Monopoly is a rip off of The Landlord's Game
wpr (27-Mar) : 28 days until the draft
earthquake (27-Mar) : Which seemed strange to my 9 year old self, that you could be a fan for a team other than the one you play for
earthquake (27-Mar) : Nothing eventful happened, other than it being clear that he was a bengals fan
earthquake (27-Mar) : And we went and hung out with him one afternoon, I must have been 9 or so
earthquake (27-Mar) : That’s wild, when I was a kid my friend lived in the same apartment complex in De Pere
Mucky Tundra (27-Mar) : Only career highspot was a 200 yard rushing game while playing for the Cardinals
Mucky Tundra (27-Mar) : He is a former Packer. Drafted out of Northern Illinois. Didn't do much in GB.
dfosterf (26-Mar) : Despicable
Zero2Cool (26-Mar) : Former NFL. I think Packers too
Zero2Cool (26-Mar) : NFL RB Leshon Johnson has been charged in a massive dog fighting operation, with the FBI seizing over 190 Pit Bulls
Mucky Tundra (26-Mar) : Some real irony of a QB as short as Wilson playing for the Giants
Mucky Tundra (26-Mar) : Giants country, let's be the tall beings of lore!
Mucky Tundra (26-Mar) : Russell Wilson signs with the Giants.
Zero2Cool (25-Mar) : I was thinking email because I think it'll make folks keep it up todate lol
wpr (25-Mar) : I don't think there is a significant difference. I use a user name for many. Others email.
Martha Careful (25-Mar) : email
Zero2Cool (25-Mar) : would it be better to use EMAIL or USERNAME to log into a site?
wpr (25-Mar) : Thanks Zero
Zero2Cool (24-Mar) : New forum has the ability to Thank a post now.
beast (24-Mar) : And the only time they have won the Championship in an even year, was the first time they did, in 2006.
beast (24-Mar) : Since 2007, there have been 10 odd numbered years, Wisconsin Women have won the Championship in 7 of those 10 odd numbered years.
buckeyepackfan (24-Mar) : Congratulations Lady Badger Hockey Team. NATIONAL CHAMPIONS!!
Zero2Cool (23-Mar) : I don't think it's completed yet. it was just announced last month, right?
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