Tuesday, January 13, 2015
Red Sox Likely To Exceed Luxury Tax Threshold
the Red Sox are likely to smash through MLB's $189 million luxury tax threshold. This is not really a big surprise, since the NOG already acknowledged it might happen. The combination of upcoming salary arbitrations (Rick Porcello, Wade Miley, Junichi Tazawa, Daniel Nava), and contract renewals (Xander Bogaerts, Mookie Betts, Christian Vazquez, Brock Holt, Joe Kelly) will almost certainly put The Carmine Hose over the limit. Right now, they have around $152.4 million committed for 2015—but that's just to 14 players. If—in addition to all these signings—they also go after the needed number one starter, they will shatter the threshold.