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Well the Boston Red Sox are finally going to join the Dodgers and Yankees as teams that cross the Luxury Tax Threshold for 2016. This was made possible by recently picking up David Price for 7 YRs at $31 MIL average per year.
Already in 2017, the team is committed for around $162 MIL – and that is without their stalwart DH of David Ortiz anymore. 2018, the salary obligations are at $151 MIL, and the franchise has already lumped $139 MIL on the books fr the 2019 cash.
This is a leap of faith for the franchise, as they were always reluctant to pay top dollars for Free Agent Pitchers.
Last year’s signings of Pablo Sandoval and Hanley Ramirez are looking like poor moves right now, however they can be helped with bounce back years in 2016. (more…)