For the first time since 2009, the Red Sox payroll fell below the luxury tax threshold. According to The Associated Press, the team's payroll as calculated for luxury tax purposes (factoring in average annual value of salaries of players on the 40-man roster, adjustments for cash in trades, benefits and bonuses) fell $47,177 under the $178 million luxury tax threshold in 2012, with the team's franchise altering trade of Adrian Gonzalez, Carl Crawford, Josh Beckett and Nick Punto having removed just enough salary to push the team under the luxury tax threshold.
The Sox had paid $3.5 million in luxury tax in 2011 and $1.4 million in 2010. The team had anticipated a payroll of about $190 million in 2012, which would have resulted in a luxury tax payment of approximately $5 million. However, the Dodgers trade removed over $13 million from the team's books, enough to knock the team below the threshold. (The approximately $327,000 that the Dodgers paid Punto proved a difference-maker.)
Because the Sox were under the threshold, the next time that they exceed the luxury tax threshold (which is once again $178 million in 2013 and $189 million in 2014), their tax rate will be 17.5 percent. The team would have owed 40 percent on any payroll in excess of $178 million in 2012.
The Yankees, meanwhile, owe an $18.9 million luxury tax bill, the 10th straight year they've paid the luxury tax. New York was the only team to pay the competitive balance tax.
For complete Red Sox coverage, visit weei.com/redsox.
Mike Florio of Pro Football Talk and Peter King of SI.com join the show to talk about the latest news surrounding deflate gate.
Mike Westhoff joins the show to talk about deflate gate and the Pats innocence. Also what would have happened if he worked with Bill Belichick.
PHOENIX — After landing in Phoenix Monday afternoon, Patriots owner Robert Kraft took to the podium to make a passionate defense of Bill Belichick, Tom Brady and the organization in response to Deflategate.
Ben and Sam discuss ways to improve the NBA All-Star weekend, hand out of hardware, and give their Finals predictions
Jackie MacMullen, ESPN Boston, talks with MFB about Rondo being traded to the Dallas Mavericks, and how this will have an effect on the Celtics rebuild process
How have the Celtics looked after a couple weeks? Could they be a playoff team? These questions and more...
The Red Sox have taken over Foxwoods and Red Sox Manager John Farrell sat down with Mut and Bradford to talk about the roster and how the 2015 season is looking.
Red Sox pitcher Joe Kelly and 3B Pablo Sandoval sat down with Mut and Bradford. Joe Kelly had a few interesting proclamations. First he said that 95% of pitchers use some sort of grip enhancer, and then he said he was going to win the Cy Young. Pablo leaned over and promised 10 HR's, explaining to Joe that the trick is to set the bar low.
Mut and Rob are in on the Hot Stove Show this week and they're taking calls and talking about the Red Sox pitching as we are 5 weeks away from pitchers and catchers reporting to spring training.
Pierre McGuire talks about ways hockey players skirt the rules in the NHL and the development of Dougie Hamilton.
Pierre McGuire joins Lou, Christian and Tim to discuss the resurgent Bruins, the emergence of David Pastrnak, and former Boston College stand-out Johnny Gaudreau looking to trademark the name 'Johnny Hockey.'
We get our state of the B report from NESN's Jack Edwards, right in the midst of a 4 game winning streak and hot return for David Pastrnak.
Ben Volin sits in with the guys and breaks down deflategate and the future of Darrelle Revis.
Kirk wasn't taking any crap from Woody in North Reading.
Tony Kornheiser joins Dennis and Callahan in Arizona to discuss his comment comparing Bill Belichick to Whitey Bulger.
Four-time Super Bowl Champion Bill Romanowski joined the show to share his thoughts on the greatest QB he ever played with, and his Super Bowl experiences.
Chris Mortensen, ESPN, joined the show to talk about all the reports regarding "Deflategate." He thinks that people are making too big a deal out of it. He also hints that he's skeptic of Bill Belichick's attempt to blame science on the balls dropping in pressure.
The Rogue Ball Boy Theory picks up steam...then dies. Is the Rogue Ball Boy the fastest ball deflater ever or is he simply someone with a healthy prostate who probably doesn't even wash his hands. Also, Ted Wells says the investigation will take a while. And Robert Kraft demands an apology if the investigation finds no wrong-doing by the Pats.
We dive deep into some of the shadier things the Patriots have done over the years from a personnel standpoint.
Mike Florio and Peter King talk about some of the latest news surrounding deflate gate and whether the Pats knowingly did something wrong.
Mike Westhoff joins the show and explains other cheating scandals and if he thinks the Patriots are guilty of deflate gate.
A caller named Jumbo from California raises a question that hasn't been talked about too much, what happens if it's determined that the Patriots aren't found responsible for the deflation of the footballs?
Mut and Lenny continue talking and taking calls on deflategate, as well as hearing the sound from Kirk Minihane's appearance on the O'Reilly Factor.
Mut and Lenny are talking deflategate and what impact it could have on the Patriots organization.
Chris and comedian Mike Mulloy recap the final Raw before the Rumble and preview the Rumble itself.
Would you rather watch important games in the stadium or on TV? Also we discuss our worst experiences at stadiums.
Ben and Sam discuss ways to improve the NBA All-Star weekend, hand out some hardware, and give their Finals predictions.
Ben Volin sits in with the guys and breaks down deflategate and the future of Darrelle Revis.More from this show
Former Panthers GM and current ESPN 730 radio host in Charlotte, Marty Hurney spoke, ambiguously, about a lot of "rumors" he's heard about the New England Patriots, dating back to 2001. He did admit he believes Bill Belichick's assertions during Saturday's press conference.More from this show
We get the national perspective on Deflategate and the Patriots-Seahawks Super Bowl with the playmaker, Hall of Famer Michael Irvin.More from this show