Mets Slapped with Record $101M Luxury Tax

Eight MLB Teams Owe Penalty for 2023 Season, with Mets and Yankees Exceeding $293M Threshold

The New York Mets must pay a record luxury tax of nearly $101 million after finishing fourth in their division, among an unprecedented eight teams that owe the penalty for the 2023 season.
The Mets' tax payroll of $374.7 million topped the previous high of $291.1 million by the 2015 Los Angeles Dodgers.
The Mets saved about $18 million this year with their summer selloff that saw them trade Max Scherzer, Justin Verlander, David Robertson and Mark Canha.
Other teams owing tax money include San Diego ($39.7 million), the New York Yankees ($32.4 million), the Dodgers ($19.4 million), Philadelphia ($6.98 million), Toronto ($5.5 million), Atlanta ($3.2 million) and World Series champion Texas ($1.8 million).
The Yankees and Mets were the only teams to exceed the fourth threshold of $293 million, added in the 2022 labor contract, an initiative dubbed the Cohen Tax and aimed at reigning in Cohen.