jranieli Posted March 14, 2022 Share Posted March 14, 2022 Baseball's "Cohen Tax" era begins Jeff Tracy Data: USA Today; Table: Jared Whalen/Axios On the heels of the lockout, and with free agency back in full swing, here's a look at the net worth of MLB's 30 owners. By the numbers: The Blue Jays, Mets and Braves are the only teams whose owners' net worth exceeds $6 billion, per USA Today. Yes, but: The Blue Jays and Braves are owned by media corporations, while the Mets are owned by Steve Cohen — the 48th-richest person in America. Between the lines: The CBA features a new $290 million luxury-tax tier, which has been dubbed the "Cohen Tax." Cohen says the Mets will "probably" exceed the threshold and pay the higher taxes regardless. "I know there's a name for it. They call it the 'Cohen Tax' or whatever. ... It's better than a bridge being named after you." — Cohen https://www.axios.com/baseball-mlb-cohen-tax-c62da60a-068d-4a67-a725-deffcf86a548.html Link to comment Share on other sites More sharing options...
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!Register a new account
Already have an account? Sign in here.Sign In Now