Angels narrowly avoided the luxury tax – Press Enterprise



The Angels final 2023 payroll came in within $30,000 of the luxury tax threshold, according to a source, demonstrating that their final month push to trim payroll worked as intended… barely.

When the Angels made a series of trades in late July to try to contend, they pushed their projected payroll above the $233 million threshold for the luxury tax. However, they fell out of the race weeks later, and general manager Perry Minasian placed six players on waivers and then moved catcher Max Stassi to the restricted list, all of which reduced their payroll incrementally.

During the final weeks of the season, and as recently as the GM Meetings last month, Minasian said the Angels were too close for him to know officially if they had gotten under the threshold. Some of the numbers for the calculation come from Major League Baseball, and aren’t finalized until early December.

The significance for the Angels of being below the luxury tax threshold is that their compensation draft pick for losing Shohei Ohtani — if they lose him — would be after the second round instead of after the fourth round.

Also, the penalties for going over the threshold increase in consecutive years, so the Angels would pay a 30% tax if they exceeded the threshold in 2024 as a second-time offender, compared with 20% if they were first-time offenders.



Source link

Reach Out

Don’t hesitate to reach out to us to discuss your specific needs. Our team is ready and eager to provide you with tailored solutions that align with your firm’s goals and enhance your digital marketing efforts. We look forward to helping you grow your law practice online.

Our Services:

Blog Post Writing
We do well-researched, timely, and engaging blog posts that resonate with your clientele, positioning you as a thought leader in your domain.
Content Writing: Beyond articles and content for blogs, we delve into comprehensive content pieces like eBooks, and case studies, tailored to showcase your expertise.

Website Content Writing
First impressions matter. Our content ensures your website reflects the professionalism, dedication, and expertise you bring to the table.

Social Media Management
In today’s interconnected world, your online presence extends to social platforms. We help you navigate this terrain, ensuring your voice is consistently represented and heard.

WordPress Website Maintenance
Your digital office should be as polished and functional as your physical one. We ensure your WordPress site remains updated, secure, and user-friendly.

For more information, ad placements in our attorney blog network, article requests, social media management, or listings on our top 10 attorney sites, reach out to us at seoattorneyservices@gmail.com.

Warm regards,

The Personal Injury Law Attorney Riverside CA 92508 Team

Leave a Reply

Home Privacy Policy Terms Of Use Anti Spam Policy Contact Us Affiliate Disclosure DMCA Earnings Disclaimer