MLB luxury tax penalties this year are over $311 million… how did this happen?

The luxury tax penalties hit a record $311.3 million this year, which is more than $100 million higher than last year. Nine teams went over the tax threshold. What’s going on?

Fun fact about the Cubs… they weren’t even planning to go over the luxury tax, but their accountants messed up. And yes, this is real.

Zane said:
Fun fact about the Cubs… they weren’t even planning to go over the luxury tax, but their accountants messed up. And yes, this is real.

Cubs giving that one accountant a ‘bonus’

Zane said:
Fun fact about the Cubs… they weren’t even planning to go over the luxury tax, but their accountants messed up. And yes, this is real.

Can you share more details?

Linden said:

Zane said:
Fun fact about the Cubs… they weren’t even planning to go over the luxury tax, but their accountants messed up. And yes, this is real.

Can you share more details?

There were a few tweets about it. Apparently, multiple people calculated it daily, and they still went over by mistake. Unreal.

@Uri
Probably the bullpen situation caused this. With all the retreads and prorated salaries, it’s easy to see how they missed something. But seriously, if you’re an accountant, this shouldn’t be that hard.

@Ellery
Ohhh, I misread ‘retreads’ at first and thought you were trashing the bullpen.

Haru said:
@Ellery
Ohhh, I misread ‘retreads’ at first and thought you were trashing the bullpen.

Haha, no way! As long as you can locate 97 mph with movement, I don’t care. By the way, I coach wrestling, and one of the best kids on my team is on the spectrum. He’s 8-0 this year. Love seeing him succeed.

@Ellery
That’s awesome! Sounds like he’s got a great coach.

Drake said:
@Ellery
That’s awesome! Sounds like he’s got a great coach.

Honestly, it’s his senior teammate who mentored him that deserves the credit. I’m just here to push him and cheer him on.

@Ellery
This belongs on r/wholesome.

Zane said:
Fun fact about the Cubs… they weren’t even planning to go over the luxury tax, but their accountants messed up. And yes, this is real.

I’m guessing it was the catering budget.

@Jordan
Probably. Guess the Cubs will be ‘punished’ with less time in the wind tunnel.

Penn said:
@Jordan
Probably. Guess the Cubs will be ‘punished’ with less time in the wind tunnel.

They might get docked 10 seconds… for Ocon?

Justice said:

Penn said:
@Jordan
Probably. Guess the Cubs will be ‘punished’ with less time in the wind tunnel.

They might get docked 10 seconds… for Ocon?

Russell DSQ.

Penn said:
@Jordan
Probably. Guess the Cubs will be ‘punished’ with less time in the wind tunnel.

Meanwhile, the Dodgers just deferred it until 2099.

Zane said:
Fun fact about the Cubs… they weren’t even planning to go over the luxury tax, but their accountants messed up. And yes, this is real.

Classic Cubs move.

John Fisher just sitting there like ‘gimme gimme gimme.’

Denver said:
John Fisher just sitting there like ‘gimme gimme gimme.’

Bob Nutting probably popped some champagne when he saw this.

Denver said:
John Fisher just sitting there like ‘gimme gimme gimme.’

The team colors are green… it was obvious all along!