2018 Luxury Tax Payrolls
NEW YORK (AP) — Final 2018 payrolls for the 30 major league teams for purposes of the luxury tax, as defined by baseball’s collective bargaining agreement and sent to clubs by the commissioner’s office.
Figures are for 40-man rosters and include the average annual values of contracts and $14,044,700 per club for benefits and extended benefits, which include items such as health and pension benefits; club medical costs; insurance; workman’s compensation, payroll, unemployment and Social Security taxes; spring training allowances; meal and tip money; All-Star game expenses; travel and moving expenses; postseason pay; and college scholarships.
Salaries include earned incentive bonuses, non-cash compensation, buyouts of unexercised options and cash transactions. In some cases, parts of salaries that are deferred are discounted to reflect present-day values.
The luxury tax is assessed on the amount above $197 million. The Red Sox pay 20 percent of the amount above $197 million through $217 million, 32 percent of the amount above $217 million through $237 million and 62.5 percent on the amount above $237 million. Washington pays 30 percent on the amount above $197 million.
|Chicago White Sox||82,889,649|