New York must pay nearly $101m for exceeding salary capMets finished fourth despite most expensive team in history
The New York Mets must pay a record luxury tax of nearly $101m after a fourth-place finish in their division, among an unprecedented eight teams that owe the penalty for the 2023 season.
Owner Steve Cohen’s Mets finished with a tax payroll of $374.7m, according to figures finalized by Major League Baseball on Thursday and obtained by the Associated Press. That topped the previous high of $291.1m by the 2015 Los Angeles Dodgers.
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