Football predictions Three teams owe luxury tax, Boston with a club record of $ 13, 4 million
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Three Major League Baseball clubs owe the so-called `luxury tax` for the 2019 season. Under the 2003 Balancing Competition system, the Boston Red Sox ($ 13. 4 million) and the New York Yankees ($ 8 million) will be penalized. ) and Chicago Kubbs ($ 5, 6 million), which exceeded the players` salary threshold.
In 2019, the eligible budget was $ 206 million, and the three clubs according footballcapper paid $ 228 million, $ 226 million and $ 220 million to their baseball players, respectively. Under the complex scheme laid down in the collective agreement of Major League Baseball, the upper limit of the allowed amount is taxed and the rate depends on additional factors.
As red socks exceed the threshold for a second consecutive year, they owe 30% on the whole difference ($ 22 million) plus 30% on the first $ 20 million plus 42% on each subsequent dollar ($ 6, 6 million + 6)million + 0, $ 84 million u003d $ 13, $ 44 million). For the Red Sox, this is a tenth penalty and has a record club value.
For `Yankees` and `mosques` the tax is calculated at 20% on the whole amount plus 20% on the first $ 20 million difference, because last year they had a decent budget. If in 2020 one of them again exceeds the threshold (which rises to $ 208 million), then their fees will increase to 30%. If Boston crosses the border for the third consecutive season, then its levy will jump to 50%.
It is curious that only one of the three teams - the New York Yankees, qualified for the playoffs last season. Of the top 10 teams with the highest budget, only half came in the actual title fight, including champion Washington Nationals ($ 205 million) and the Los Angeles Dodgers ($ 205 million), which ranked fourth in highest salaries. In addition to the Red Sox and the Kubs, the playoffs missed the San Francisco Cants ($ 183 million), the Los Angeles Angels ($ 166 million) and the Philadelphia Phillies ($ 161 million), also in the Top 10 on a budget. At the same time, two of the most modest teams took part in the eliminations - the last Tampa Bay Flight ($ 67 million) and the Oakland Atletico 26th ($ 96 million).
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