The Mets have the largest payroll in MLB; six teams will pay the luxury tax
NEW YORK — The New York Mets are poised to have baseball’s highest payroll for the first time since 1989, among a record six teams to pay an expense penalty.
The Los Angeles Dodgers, who started the season as top spenders, fell to second place due to the suspension of Trevor Bauer.
New York entered the final full month of the season with a payroll of $273.9 million, according to Aug. 31 numbers compiled by Major League Baseball. The Dodgers are second with $267.2 million, followed by the New York Yankees with $254.4 million.
The Mets are hoping to win their first World Series title since 1986.
“I expect the Mets to be the last team standing. What else is there? I mean, that’s why we get up in the morning every day,” the Mets manager Buck Showalter. “It’s a bit cold. It’s a bit cruel, but I prefer to know in advance what the endgame is. Some people spend their whole lives not knowing exactly what success is supposed to be. Nobody don’t have to come here and tell me how we’re doing. There’s a scoreboard and a leaderboard. It’s right there. If you don’t like it, play better.”
Mets pitcher Max Scherzer, at a major league-high $43.3 million, makes about $5 million less than the entire Oakland team and combines with teammates Jacob deGrom and Francisco Lindor to around $103 million, more than eight of 30 clubs.
The last time the Mets topped MLB in payroll, their total was $21.3 million.
The Dodgers’ payroll plummeted when Bauer was suspended for two years without pay on April 29 for violating the sport’s domestic violence policy. Bauer’s salary in 2022 was $32 million, but it was reduced to what was owed to him at the time of the suspension: $3.8 million. He defies discipline in front of a referee.
Los Angeles led the payroll in 2020 and 2021. The Dodgers set a payroll record with $291 million in 2015.
The Mets’ payroll has risen steadily since Steven Cohen bought the team from the Wilpon and Katz families after the 2020 season. the first season after the pandemic, and the negotiators said last March that a new tax threshold was intended for him. Cohen then joked, “A bridge better have your name on it.”
For luxury tax purposes, which uses the average annual values of players on rosters of 40 players, the Mets are on track to set a record $298.8 million and eclipse the $297.9 million dollars from the 2015 Dodgers. The luxury tax payroll includes just over $16 million per team. for benefits and $1.67 million for each club’s share of the new $50 million players’ fund before arbitration.
The Mets are in line for a $29.9 million tax midseason trades increased their tax payroll from an opening day projection of $289.3 million and topped the new $290 million threshold in the March deal that ended a 99-day lockdown.
The Dodgers opened this season with a $310 million payroll, on track to pay a record $47 million fine. Their tax payroll has been reduced to $289.96 million as of August 31, leaving them just below the Cohen tax. With higher tax rates as a repeat offender, the Dodgers are on track to pay $29.4 million.
The Yankees have a tax payroll of $267 million and a projected tax of $9.4 million, and the Phillies at $243 million are expected to owe $2.6 million.
Boston, just above the first threshold of $234.5 million, would expect around $900,000. After paying taxes for the first time last year, San Diego is a second offender with a payroll of about $233 million and tax just over $800,000.
The four tax thresholds this year are $230 million, $250 million, $270 million and $290 million.
First offenders pay 20% on the amount above the first threshold, 32% above the second, 62.5% above the third and 80% above the fourth.
As a repeat offender, the Dodgers pay 30% on first, 42% on second, 75% on third and 90% on fourth.
The Yankees have paid $348 million in taxes since sanctions began in 2003, followed by the Dodgers’ $182 million.
Only once before had six teams paid taxes, with the Dodgers and Yankees joined in 2016 by the Boston Red Sox, Chicago Cubs, Detroit Tigers and San Francisco Giants for a total of $74 million. dollars.
Oakland has the lowest regular payroll at $49 million and the lowest tax payroll at $65 million.
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