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This article deals with sensitive material that will self destruct in a few years. Whether the current regime wants to be saddled with blame or not, or put most of it during the Ned Colletti days, last year’s fiscal budget was a dumpster fire.
Not only did the franchise exceed the Luxury Tax Threshold again at (over $189 MIL), they put it to shame – reeling in a lofty mark of $314 MIL in total Cap Spending.
For folks scoring at home, that is $125 MIL over the limit, and with a third year penalty at 40% now, the squad will take down a historic levy hovering around $50 MIL.
We wrote a blog back in April stating the disregard the brass took in approaching this year’s salary structure. The worst part about it was that it didn’t culminate into a World Series Birth. Read the rest of this entry