Quote:
Originally Posted by jaymoney
I get what you are saying but is that the yankees fault that they make money to me that sounds like a jealous rant. And I get that most teams can't spend like the yankees but all teams can reach the 100 million dollar salary . But how many stay under that how teams are 40 million to 80 million dollar payroll. Yeah the yanks are in class of there own but they also went 9 years with out winning a world series and mis the playoff so its not like having the highest payroll assures you ring. Only advantage the yanks have is they can afford to make mistakes
---------- Post added at 07:52 PM ---------- Previous post was at 07:46 PM ----------
To ans your question the check starts at 35 million and works it way down all I know is that the teams with the less revenue get about 35 million for examble the marlins get the max work your way down from there
---------- Post added at 07:52 PM ---------- Previous post was at 07:52 PM ----------
To ans your question the check starts at 35 million and works it way down all I know is that the teams with the less revenue get about 35 million for examble the marlins get the max work your way down from there
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Where are you getting that information on the check?
How does the MLB luxury tax work? - Yahoo! Answers
This season, the Yankees had a $201.5 million payroll. They would be taxed 40% on every dollar over $162 million.
$201.5 million
- 162 million
$39.5 million
40% of $39.5 million is $15.8 million.
They were the only team over the threshold in 2009, 2008 AND 2007. So how does each team receive $35 million in revenue sharing?
You might mean the revenue from all national media rights, but all teams, including the Yankees, get a cut of that.
I also am curious how you KNOW every team CAN make a $100 million payroll. Especially when under what you suggest owners have to spend their own fortunes to cover expenses, and even billionaires would run low on cash at some point.
Honestly, no one truly knows, or can know whether an owner is or isn't pocketing money or spending it out of their own cash. MLB teams are not required to open their books to the public; anything that is made public has been throughly cooked to say whatever MLB wants them to say.
(As an aside, a little trivia to the members at-large: there is one team in the four major American sports leagues that has to release their financial information publicly every year. Can anyone say which team and why?)