Jul 17, 2010, 6:02 PM EDT
UPDATE: Buster Olney of ESPN.com hears that despite today’s news about exceeding the luxury tax threshold, the Red Sox are still working under the same parameters they always have. In other words, if the team has a chance to acquire a player that can help them get to the playoffs, they will do it. Olney concludes by saying it would make “no sense” to refuse to make a move due to a “relatively small” luxury tax given their current investment in the team.
After giving it some thought, I have to agree with Buster. In fact, with the signings of John Lackey, Mike Cameron and Marco Scutaro, among others, the Red Sox actually increased their payroll roughly 38 percent from last season — from $121,745,999 million in 2009 to $168,109,833, according to Cot’s Contracts. And this is during a time when player salaries are actually going down. They have invested to win now.
Are the Red Sox going to get Dan Haren, Roy Oswalt or Jayson Werth? No. But that was extremely unlikely to happen anyway. As for the possibility of acquiring David DeJesus, the biggest hurdle may be what the Royals want in return, not his modest salary. Same goes with Scott Downs. As for Kerry Wood, he needs to prove he is healthy first.
Provided that Josh Beckett, Clay Buchholz, Dustin Pedroia, Jacoby Ellsbury and Victor Martinez eventually come back healthy, they should only need minor cosmetic changes to their roster, anyway. It’s just a matter of whether they can hang in the race until all or most of them return. Not many teams would act differently. I’m sure this issue will incite tons of conversation leading up to the trade deadline, but in the end I think it’s a bunch of sound and fury signifying bupkis.
1:53 PM: This morning, Nick Carfardo of the Boston Globe backed up a recent report by Ed Price of AOL Fanhouse that suggested the Red Sox were unlikely to add any significant payroll before the trade deadline due to concern of going over MLB’s luxury tax threshold. Now it might not matter.
Just a short while ago, Carfardo reported that the Red Sox “have found out in the last few hours” that they have indeed gone
over the luxury tax threshold for 2010, something that will have an impact on the team’s
payroll for 2011.
According to Cafardo, the Red Sox will be taxed at a 22.5 percent rate for every dollar spent above $170 million in payroll. The rate increases to a 30 percent tax for a payroll of $178
million next season. No surprise, the Yankees are the only other team that is over the threshold.
The Red Sox have made a concerted effort to avoid the luxury tax threshold, even not announcing Josh Beckett’s contract extension until after Opening Day so that it wouldn’t count against this season’s total. Evidently something happened to push them over the top, though it’s not exactly clear what that is. Hopefully we’ll hear more on that soon.
Recent reports have indicated that the Red Sox were willing to wait out their injured superstars as opposed to going out and adding any significant payroll. Today’s news probably won’t do anything to change that.
- Settling the Score: Saturday’s results 0
- Video: Watch Kris Bryant get his first major league hit and RBI 8
- Yordano Ventura ejected for hitting Brett Lawrie with a pitch 28
- Pete Rose joins FOX as a baseball analyst 22
- Settling the Score: Friday’s results 55
- Josh Hamilton’s teammates say he’s in great shape and ready to play 28
- Mike Trout hit his 100th career home run to become the youngest member of the 100 HR/100 SB club 26
- Make that two: Alex Rodriguez hits second homer of the night, giving him 658 for his career 48
- The Commissioner’s Office thinks that the Angels could indeed go after Josh Hamilton under his contract (153)
- “Why Ted Cruz is like the Atlanta Braves” (150)
- “We no longer need the terrorists. We’re now so good at terrorizing ourselves.” (143)
- Another argument in favor of making the DH universal (127)
- When it comes to Josh Hamilton, Arte Moreno is a craven opportunist, not a “smart businessman” (116)