alnipper
Veteran
Living the dream
Posts: 618
|
Post by alnipper on May 25, 2017 10:04:02 GMT -5
Right now it looks like we will easily go over the Luxury Tax of 195 million again. Right now according to Spotrac we are at 202,259,852. This was after we called up Travis. It doesn't look in for us to stay under the tax next year either. The only big tax number coming off the books is when Allen Craig comes off the books.
How will this affect the Sox the rest of this season and this off-season? We'll get 1 million in international pool reduction and what else? Anybody got ideas on how to improve our team?
I think trading Abad if Smith and Thornburg come back before July 31st will help, but not much.
|
|
|
|
Post by jimed14 on May 25, 2017 10:41:12 GMT -5
You're looking at all salary, not the cap figure. They are about $5 million under the cap. Castillo and Craig aren't counting towards it.
|
|
|
|
Post by station13 on May 25, 2017 11:51:03 GMT -5
The big thing for them was a reset to a "first" penalty levels. Now they reset it they can spend again.
|
|
|
|
Post by Chris Hatfield on May 25, 2017 12:42:46 GMT -5
You're looking at all salary, not the cap figure. They are about $5 million under the cap. Castillo and Craig aren't counting towards it. This, plus that site is calculating actual salary rather than AAV of the contract. For example, it has Sale for $12 million when his CBT figure is just $6.5M. Entering the season, they were projected to be about $10 million under the CBT. That space is there for midseason deals and such. There's no CBT issues at all. |
|
|
|
Post by RedSoxStats on May 25, 2017 12:48:11 GMT -5
|
|
|
|
Post by jerrygarciaparra on May 25, 2017 16:23:51 GMT -5
Thanks. Count me amongst those who don't want Hanley's vesting option to kick in. |
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Jan 6, 2018 8:48:14 GMT -5
with the signings of Moreland and Wright. with the calculations that brings payroll to 187.5 million. When/if they sign JDM or any other free agent for 10.5 million or more puts them above the luxary tax threshold. my question is at what point in time do the penalties begin?
|
|
|
|
Post by jiant2520 on Jan 6, 2018 10:49:26 GMT -5
I think the real number the Sox want to stay below, I don't have any inside information, is 237 mil.
|
|
|
|
Post by jimed14 on Jan 6, 2018 11:23:48 GMT -5
with the signings of Moreland and Wright. with the calculations that brings payroll to 187.5 million. When/if they sign JDM or any other free agent for 10.5 million or more puts them above the luxary tax threshold. my question is at what point in time do the penalties begin? There are also about $14 million in medical expenses and benefits that should be added. They are already over the cap if arb estimates are accurate. |
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Jan 6, 2018 12:17:09 GMT -5
There's been talk about how the Dodgers and yankees have reset there luxary tax.And I see that they stayed below the 237m threshold.But were they punished with loss of draft picks or charged the 5-10% being over the 197m or 217m thresholds?
|
|
|
|
Post by Chris Hatfield on Jan 6, 2018 16:26:01 GMT -5
There's been talk about how the Dodgers and yankees have reset there luxary tax.And I see that they stayed below the 237m threshold.But were they punished with loss of draft picks or charged the 5-10% being over the 197m or 217m thresholds? You're thinking of the timeframe wrong (and misinterpreting the reports, I think). You're punished the following year for going over the luxury tax the year before. 2018 is going to be the first year the new CBA applies. So nobody has been punished under it yet because it's only going to apply on a going-forward basis. The Yankees and Dodgers are going under the luxury tax this coming year to reset their penalties going forward. Make sense? |
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Jan 6, 2018 16:50:40 GMT -5
There's been talk about how the Dodgers and yankees have reset there luxary tax.And I see that they stayed below the 237m threshold.But were they punished with loss of draft picks or charged the 5-10% being over the 197m or 217m thresholds? You're thinking of the timeframe wrong (and misinterpreting the reports, I think). You're punished the following year for going over the luxury tax the year before. 2018 is going to be the first year the new CBA applies. So nobody has been punished under it yet because it's only going to apply on a going-forward basis. The Yankees and Dodgers are going under the luxury tax this coming year to reset their penalties going forward. Make sense? The Dodgers- Braves trade Matt Kemp to Dodgers Adrian Gonzalez Scott Kazmir Brandon McCarthy Charlie Culberson to the Braves This is where I heard the Dodgers getting under the luxary tax. So if the Sox were to go over 237this year. They would be punished in 2019. |
|
|
|
Post by Chris Hatfield on Jan 6, 2018 18:40:22 GMT -5
You're thinking of the timeframe wrong (and misinterpreting the reports, I think). You're punished the following year for going over the luxury tax the year before. 2018 is going to be the first year the new CBA applies. So nobody has been punished under it yet because it's only going to apply on a going-forward basis. The Yankees and Dodgers are going under the luxury tax this coming year to reset their penalties going forward. Make sense? The Dodgers- Braves trade Matt Kemp to Dodgers Adrian Gonzalez Scott Kazmir Brandon McCarthy Charlie Culberson to the Braves This is where I heard the Dodgers getting under the luxary tax. So if the Sox were to go over 237this year. They would be punished in 2019. Right, the Dodgers are getting under the CBT for the coming season. Teams' payrolls for CBT purposes are calculated at the end of the season. The Dodgers-Braves trade was made this offseason. |
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Jan 11, 2018 9:34:26 GMT -5
Totally plagiarized an article by Charlie Wilmoth from back in July of this year explaining the penalties in the luxury tax.
If a team spends above 217 million in 2018 it would receive an 12% tax in addition to the usual 20% 30% and 50% luxury tax.
If a team spends more than 237 million it will receive an extra 42.5 or 45% surcharge tax.
Beginning in 2018 teams that go over the 237 m will also have its top pick lower ten spots.
Wilmoth used an example. if a team spends 260 million it would cost them $50m plus lowering its top draft pick.
|
|
