New York Mets Hit With Record Luxury Tax of Nearly $101 Million for Season of Fourth-Place Finish

New York Mets Hit With Record Luxury Tax of Nearly $101 Million for Season of Fourth-Place Finish
New York Mets owner Steve Cohen looks on before the start of a baseball game between the New York Mets and the Cincinnati Reds in New York on Sept. 17, 2023. Mary Altaffer/AP Photo
The Associated Press
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NEW YORK—The New York Mets must pay a record luxury tax of nearly $101 million after a fourth-place finish in their division, among an unprecedented eight teams that owe the penalty for the 2023 season.

Owner Steve Cohen’s Mets finished with a tax payroll of $374.7 million, according to figures finalized by Major League Baseball on Thursday and obtained by The Associated Press. That topped the previous high of $291.1 million by the 2015 Los Angeles Dodgers.