View Single Post
01-23-2014, 12:11 AM
Stanley Cup 2017
GordonGecko's Avatar
Join Date: Oct 2010
Location: New York City
Country: United States
Posts: 6,237
vCash: 50
Tanaka is effectively being paid $36 Million per year over 7

The Yankees will shell out $175 million for Tanaka -- $155 million in salary plus the $20 million posting fee. But that's not all. The signing also pushes New York past the $189 million tax threshold, which means a 50 percent tax on the overage. That means Tanaka's salary (if you choose to isolate it and the team remains well above the threshold) effectively gets taxed as much as $77.5 million, bringing the potential effective cost of signing Tanaka to as much as $252.5 million.

GordonGecko is offline