2012 MLB Payrolls, Yankees taxed, M's 23rd

2012 MLB Payrolls, Yankees taxed, M's 23rd

Credit: Otto Greule Jr /Allsport

Safeco Field

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by Associated Press

KING5.com

Posted on December 14, 2012 at 5:47 PM

Updated Friday, Dec 14 at 5:47 PM

NEW YORK  -- Final 2012 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 $10,799,590 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 $178 million. As a team that paid at a 40 percent rate on the amount over the threshold in 2011, the Yankees pay at a 42.5 percent rate on the amount over the threshold in 2012.

N.Y. Yankees                 $222,512,928
Boston                             177,952,823
L.A. Angels                     176,652,838
Philadelphia                     174,523,432
San Francisco                160,399,128
L.A. Dodgers                  158,258,570
Texas                              148,513,970
Detroit                              145,231,588
St. Louis                           125,811,271
Milwaukee                         120,865,321
Washington                       118,978,939
Cincinnati                           118,770,061
Chicago White Sox            114,459,560
Chicago Cubs                    112,711,841
Miami                                 111,824,633
Colorado                           106,202,187
Minnesota                         105,860,445
N.Y. Mets                          105,704,018
Atlanta                              105,318,027
Toronto                             103,726,534
Baltimore                            97,056,240
Arizona                              88,891,716
Seattle                                88,389,993
Kansas City                       83,462,428
Cleveland                           82,626,016
Tampa Bay                         81,206,178
Pittsburgh                          80,317,027
San Diego                          78,817,495
Oakland                              73,073,503
Houston                             72,265,379
Total                            3,540,384,087

 

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