Fourth-place Mets hit with record luxury tax bill
The New York Mets must paya record luxury tax of nearly$101 million after a fourth-place finish in their among division, an unprecedented eight teams that owe the penalty for the 2023 season.
Owner Steve Cohen’s Mets finishedwith a tax payroll of $374.7 million, according to figures finalized by Major League Baseball on Thursday and obtained by The Associated Press. That topped the previous high of $291.1 million by the 2015 Los Angeles Dodgers.
The Mets’ tax bill came to $100,781,932 after they finished fourth in the NL East at 75-87in the most expensive flop in baseball history. That morethan doubled the prior high of $43.6 million by the 2015Dodgers.
Otherteams owing tax money are San Diego ($39.7 million), the New York Yankees ($32.4 million), the Dodgers ($19.4 million), Philadelphia ($6.98 million), Toronto ($5.5 million), Atlanta ($3.2million) and World Series champion Texas ($1.8 million). The Blue Jays, Braves and Rangers are paying tax for the first time.
The Yankees have been taxed just under $390 million sinc
Since the penalties began in2003, 43% of the $901 million total, followed by the Dodgers at $234 million. Fourteen of 30 teams have owed tax over the two decades.
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