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Dodgers levy $32 million in taxes, record $4.5 billion in MLB payroll

NEW YORK — Los Angeles The Dodgers were hit with a $32 million luxury tax for the second season in a row. Six teams paid penalties as baseball salaries bounced to his all-time high of $4.56 billion after the lockout.

The New York Mets set a record luxury tax payment of $299.8 million, surpassing the Dodgers’ $297.9 million in 2015, according to final figures compiled by Major League Baseball. You will be paying taxes for the first time since the penalty started. Associated Press.

NL champions Philadelphia, New York Yankees, San Diego and Boston also topped the $230 million tax mark. The total tax bill of $78 million surpassed the 2016 high of $74 million paid by six teams.

The Dodgers are valued at a higher rate because they crossed the threshold for the second year in a row, owing $32.4 million in a $293.3 million luxury tax payroll. This was slightly down from his $32.6 million penalty in 2021.

Trevor Bauer was calculated at $4,109,890 in 2022 luxury taxes and $3,868,131 in regular salary. Any money saved by clawback in 2023, when Bauer was suspended under the domestic violence policy, will be reflected in the Dodgers’ 2023 payroll.

With pitcher Max Scherzer leading the big leagues with a $43.3 million salary, the Mets surged to second place in payroll and owed $30.8 million. Under owner Stephen Cohen, who bought the team before the 2021 season, New York has raised its estimated tax bill for 2023 to nearly $400 million. Both the Mets and Dodgers will pay a new so-called “Cohen tax,” starting with his $290 million agreed by team and player negotiators last March.

The Yankees owe $9.7 million, the Phillies $2.9 million, the Padres $1.5 million and the Red Sox $1.2 million. San Diego also crossed the initial threshold for his second year in a row.

Taxes will be paid to MLB by Friday.

Total spending based on regular labor costs increased 12.6% from $4.05 billion in 2021. This is his lowest in a fully completed season since his $3.9 billion in 2015. The previous high of just under $4.25 billion was set in 2017. bargaining agreement.

The first $3.5 million in taxes will be used for player benefits, and the remaining 50% will be used for player personal retirement accounts. The remaining 50% will go to the Supplemental Commissioner’s Discretionary Fund intended to be awarded to teams receiving revenue sharing for growing non-media local revenue over the years.

Tax salaries average annual figures including player acquisition bonuses on the 40 roster plus benefits of just over $16 million per team and a new $50 million pool for pre-arbitration players at each club. calculated by $1.67 million in shares of

The four tax bases last season were $230 million, $250 million, $270 million and $290 million. First-time offenders received 20% of the amount over the first threshold, 32% over the second threshold, 62.5% over the third threshold, and 80% over her fourth threshold. pay %. As a repeat offender, the Dodgers and Padres will pay him 30% more than the first, 42% more than the second, 75% more than the third, and 90% more than the fourth.

The Yankees have been taxed about $358 million since the penalties began, and the Dodgers $215 million.

In terms of regular payroll costs, the Mets lead with $274.9 million, the Dodgers with $270.6 million, the Yankees with $254.7 million, and Philadelphia with $238.5 million. Two teams in 2021 and five to six teams in 2019 exceeded $200 million.

World Series champion Houston was ninth with $187.5 million. Nine of the 12 highest-paid teams made the playoffs, excluding the Boston, Chicago White Sox and Los Angeles Angels. Of the 10 teams with the lowest spending, three (Cleveland, Tampa Bay and Seattle) made it to the postseason, but none made it to the League Championship Series.

Oakland’s $49.1 million was the lowest for any full-season team since Houston’s $29.3 million in 2013.

Regular salaries are based on 2022 salaries, earned bonuses and a prorated share of 40 roster signing bonuses.

Copyright © 2023 The Washington Times, LLC. Dodgers levy $32 million in taxes, record $4.5 billion in MLB payroll

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