The New York Mets of the U.S. Major League Baseball (MLB) spent a lot of money to win the World Series, but their performance was ruined, and they were even hit by a tax bomb.
AP and Reuters reported on Monday that the Mets will pay the highest level of wealth tax in MLB history. “The Mets will have to pay a total of 178,32 dollars. The amount is more than double the previous high of 43.6 million dollars set by the Los Angeles Dodgers in 2015,” the AP reported.
Acquired by hedge fund mogul Steve Cohen in September 2020, the Mets have strengthened their power by releasing astronomical funds. The Mets, who hired starting pitcher Max Scherzer (currently the Texas Rangers for three years, 130 million dollars) ahead of the 2022 season, have attracted big players such as Justin Verlander (two years, 866.6 million dollars), closing pitcher Edwin Diaz (five years, 102 million dollars), left-hander Jose Quintana (two years, 26 million dollars), outfielder Brandon Nimmo (eight years, 162 million dollars), and Japanese pitcher Senga Godai (five years, 75 million dollars). As a result, the Mets’ total annual salary was 353.55 million dollars, the highest in MLB history, as of the opening day of the 2023 season. However, their performance was in a mess. This season, the Mets ranked fourth in the East Division of the National League with 75 wins and 87 losses, and failed to advance to the post season. 헤라카지노
The Mets also tried to reduce the wealth tax by trading high-priced players such as Scherzer and Verlander, but could not avoid a tax bomb worth more than 100 million U.S. dollars. The tax that the Mets will pay is more than the combined amount of the San Diego Padres (39.69 million dollars) to the Philadelphia Phillies (5th) (698 million dollars).
The MLB Secretariat introduced a wealth tax system in 2003 to prevent some teams from recklessly recruiting players in order to level the power of the league. Each team’s annual salary exceeds the limit of wealth tax (233 million U.S. dollars in 2023) for the first season and 30 percent for the second season. If the amount exceeds the threshold for three consecutive years, it will increase to 50 percent of the excess.