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Steinbrenner owes 25 million luxury tax

zsz70zsz70 Posts: 541 ✭
in Sports Talk
The Yankees owe a 25 million dollar luxury tax for their 203 million dollar payroll of 2004.

The Red Sox owe a 3 million dollar tax for their 134.5 million dollar payroll.

The only other team was Anaheim with a tax of 900,000 dollars.

Last years biggest spenders...

Yankees
Red Sox
Angels
Mets
Dodgers
Cubs
Phillies
Cardinals

I guess the Cardinals did very well with the money they spent.
I guess the Mets did the worst with the money they spent.

Comments

  • JordanBJordanB Posts: 37
    yankees spend too much and then 25 million extra because of it = nothing to show for it. but the red sox spend a hell of a lot less and only 3 million extra = world series! i would say the steinbrenner is having a coronary right now for having to write a check for all that cash for absolutely nothing. and needing to spend even more to try and win a world series next year. image
  • ctsoxfanctsoxfan Posts: 6,246 ✭✭
    image
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  • murcerfanmurcerfan Posts: 2,329 ✭✭
    more brilliant insight from the Yankee bashers!

    I guess ya'll are into that new math that has redefined "nothing"


    New York also estimates it will give up about $60 million as part of baseball's revenue-sharing plan this season, meaning the Yankees will send the Commissioner's office about $85 million of their estimated $315 million revenue in 2004. Boston's revenue-sharing payment is estimated at approximately $42 million on revenue of at least $220 million.



  • wlf3wlf3 Posts: 356
    They should have to pay or they can't play this year. Sounds fair to me.
  • JerseyJersey Posts: 542
    Sounds like a fitting conclusion to a "great" season. image
    Wise men learn more from fools than fools learn from the wise.

  • phreakydancinphreakydancin Posts: 1,691 ✭✭


    << <i>The Yankees owe a 25 million dollar luxury tax for their 203 million dollar payroll of 2004.

    The Red Sox owe a 3 million dollar tax for their 134.5 million dollar payroll.

    The only other team was Anaheim with a tax of 900,000 dollars.

    Last years biggest spenders...

    Yankees
    Red Sox
    Angels
    Mets
    Dodgers
    Cubs
    Phillies
    Cardinals

    I guess the Cardinals did very well with the money they spent.
    I guess the Mets did the worst with the money they spent. >>

    I'm not a Red Sox fan, but I'd say they did the best spending of anyone. 3 million is chump change for a championship.
  • murcerfanmurcerfan Posts: 2,329 ✭✭
    .....would you rather have a salary of 315 mil and pay 85 mil in taxes

    or.....a salary of 220 mil and pay 45 mil in taxes ??
  • AxtellAxtell Posts: 10,037 ✭✭
    As much as I despise the yankees and their hoarding of players, they are (a) playing by the rules that ALL owners signed off on and (b) are at least spending money. How many of these rich owners are pocketing millions while they leave a subpar product on the field?

  • ctsoxfanctsoxfan Posts: 6,246 ✭✭
    Read all about it!

    Randy Johnson To Whine Until Someone Trades Him To Yankees
    image
  • CardsFanCardsFan Posts: 1,093 ✭✭✭


    << <i>Read all about it! >>



    funny, especially the Steinbrenner picture incident.
  • mintlustermintluster Posts: 926
    I think the best spending EVER is when the Marlins had a 45 million payroll in 2003 an beat the mighty 200 million juggernaut Yankees.

    That must be a world record in sports.

  • murcerfanmurcerfan Posts: 2,329 ✭✭
    ........Interesting definition of best EVER spending

    actually they went 20 million into the red

    ........and are still hemoraging $$

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