Nov 4, 2010, 11:19 AM EST
While speculation swirls about how much Cliff Lee enjoyed his time in Texas and how much his wife disliked her time in New York, an overlooked factor in his free agent decision-making could be state income taxes.
Darren Rovell of CNBC wrote a very interesting article examining the differences in taxes Lee would pay depending on his new home. Texas does not have a state income tax, but it does have something called a “Jock Tax” that would involve Lee paying approximately $2.25 million if he signed a five-year, $120 million contract with the Rangers.
However, if Lee signed the same five-year, $120 million contract with the Yankees and moved to New York he’d pay between $11 million and $15 million in state income taxes depending on exactly where he lived.
In other words, assuming Lee can get in excess of $100 million from either team any offer the Rangers make will be worth about 10 percent more to him than any offer the Yankees make. Whether or not an “extra” $10 million would be enough to sway Lee one way or another is obviously unclear, but it does suggest that the Yankees will have to clearly top the Rangers’ offer to get him. Of course, we probably knew that already.
Nov 26, 2014, 10:04 PM EST
Here’s the farewell Instagram post from third baseman Pablo Sandoval, who signed a five-year, $98 million free agent contract with the Red Sox earlier this week …
Nov 26, 2014, 8:18 PM EST
Jackson was limited to 11 minor league games in 2014 due to a right wrist injury that ultimately required surgery.
Nov 26, 2014, 6:43 PM EST
From FOX Sports’ Ken Rosenthal comes word that the Padres have shown interest in trading for Dodgers outfielder Matt Kemp …
Nov 26, 2014, 5:10 PM EST
The Dbacks were not in the picture until very recently. But better late than never.
Nov 26, 2014, 4:25 PM EST
Since there’s no such thing as a stupid question …
Nov 26, 2014, 3:58 PM EST
Don’t tell the people who like to hang out in the bleachers. They may not realize it, actually.
Nov 26, 2014, 2:30 PM EST
It sorta makes sense I guess, even if it never goes down.
Nov 26, 2014, 2:14 PM EST
Rodriguez was projected to make around $2 million via arbitration.
Nov 26, 2014, 1:40 PM EST
An intriguing scrap-heap pickup for the Rays.
Nov 26, 2014, 1:15 PM EST
This year he played at Triple-A for the Angels, hitting .332 with 25 homers and a 1.017 OPS in 95 games.
Nov 26, 2014, 12:59 PM EST
Ronald Guzman is the Rangers’ 17th-ranked prospect.
Nov 26, 2014, 11:19 AM EST
Capuano is 36 years old, so finding a guaranteed big-league job for 2015 could be difficult.
Nov 26, 2014, 10:47 AM EST
Drafted in 2012, free agent in 2014.
Nov 26, 2014, 10:30 AM EST
Nov 26, 2014, 10:15 AM EST
Either the Rangers or the Twins had the winning bid.
Nov 26, 2014, 9:44 AM EST
Need some dingers? I know a guy who can get you some dingers, man.
Nov 26, 2014, 9:13 AM EST
So who plays third base?
Nov 26, 2014, 8:00 AM EST
It’s like clockwork. A team signs a big free agent or two and someone argues that baseball is doomed without a salary cap. It’s always baloney, of course.
Nov 25, 2014, 10:12 PM EST
Max Scherzer, a client of Scott Boras, seems comfortable with slow-playing this market. We’ve seen loads of rumors and reports involving the other prominent free agent ace, Jon Lester, but it’s hard to identify which teams are in the running at the moment for Max. The Giants may be one …
Nov 25, 2014, 8:47 PM EST
Via Jeeho Yoo of Seoul’s Yonhap News, right-hander Lucas Harrell and outfielder Jim Adduci both agreed to one-year deals Tuesday in the Korea Baseball Organization — Harrell with the KIA Tigers for $900K and Adduci with the Lotte Giants for $650K.
- Yasmany Tomas signs a six-year, $68.5 million deal with the Diamondbacks 77
- No, the Red Sox signing Pablo and Hanley is not proof that baseball needs a salary cap 160
- Red Sox announce four-year, $88 million deal with Hanley Ramirez, DFA Juan Francisco 34
- The Cubs have offered Jon Lester “north of $135 million” 68
- Pablo Sandoval’s deal: five years, $98 million plus an option 43
- Kyle Seager, Mariners close to $100 million extension 26
- The 2015 Hall of Fame ballot is out — Randy Johnson, Pedro Martinez are new on the ballot 286
- So what would the Red Sox look like with Hanley Ramirez and Pablo Sandoval? 49
- The 2015 Hall of Fame ballot is out — Randy Johnson, Pedro Martinez are new on the ballot (286)
- No, the Red Sox signing Pablo and Hanley is not proof that baseball needs a salary cap (160)
- More Hall of Fame ballots like Adam Rubin’s please (138)
- Report: Pablo Sandoval chose the Red Sox over the Giants because he felt disrespected (135)
- UPDATE: The Pablo Sandoval-Red Sox deal is done, pending a physical (133)