If the season gets to September 1, the Red Sox luxury tax resets

[edoug]

Speier on July 17,
https://www.bostonglobe.com/2020/07/17/sports/red-sox-must-play-into-september-this-season-reset-luxury-tax-2021/?outputType=amp"In order for the team’s luxury tax rates to “reset” for the 2021 season — something that would remove one disincentive to pursuing free agents in the offseason and spending beyond next season’s 2021 luxury tax threshold of $210 million — the season must be played beyond the Aug. 31 trade deadline."

Speier on June 24,
View: https://twitter.com/alexspeier/status/1275835486058221569

"FWIW: Teams can reset their luxury tax penalties/rates if the season is played to its conclusion. If there's a shutdown and season can't be finished, luxury tax penalties/rates will revert to 2019 status."

 

[IpswichSox]

Alex in today's Globe:

Aug. 31 this year possesses two-fold significance. It’s the date of this year’s trade deadline, with a somewhat muted and late-developing market likely in a season where there are questions whether the season will be played to its completion. The date also represents the point where — if the season is still being played — the team will be assured of resetting its luxury tax rates for the coming seasons.

Link

 

[greek_gawd_of_walks]

This is the way 2020 is going: I'm ecstatic about news re-confirming something I already thought was a forgone conclusion.

 

[Sin Duda]

Is it too soon to start counting down the days, Magic Number style? Today is 25 days and tomorrow's a good one if we're looking at uni #s.

 

[IpswichSox]

In addition to tracking Sept. 1 for the luxury tax, it's also not too early to be monitoring the reverse standings for next year's draft.

Currently we have the fourth pick!

 

[Philip Jeff Frye]

Currently we have the fourth pick!

God, there are three teams worse than us? How is that possible?

 

[CarolinaBeerGuy]

Is it too soon to start counting down the days, Magic Number style? Today is 25 days and tomorrow's a good one if we're looking at uni #s.

 

[Lose Remerswaal]

Is it too soon to start counting down the days, Magic Number style? Today is 25 days and tomorrow's a good one if we're looking at uni #s.

Check the recent game thread titles

 

[Sin Duda]

 

[Sin Duda]

In the Top 20 countdown, we're down to ...

 

[Ramon AC]

 

[DamageTrain]

3 View: https://streamable.com/lua9a

I was told there would not be math.

 

[nayrbrey]

3 View: https://streamable.com/lua9a

Bravo, forgot about that one.

 

[DennyDoyle'sBoil]

So, what actually has to happen? Red Sox finish an official game? Throw a pitch out? Any team plays?

This is the most exciting thing this year so I just want to know when is the official time on Monday to get to.

Tuesday

 

[jon abbey]

So, what actually has to happen? Red Sox finish an official game? Throw a pitch out? Any team plays?

This is the most exciting thing this year so I just want to know when is the official time on Monday to get to.

Tuesday

My guess is that as soon as any team (not just BOS) throws a pitch in September, the tax number is reset, and there can be much rejoicing.

View: https://www.youtube.com/watch?v=yciX2meIkXI

 

[DennyDoyle'sBoil]

Looks like 6:40 eastern time, then!

 

[Pablo's TB Lover]

So what's the celebration? To fit with the theme, we all take a tax bill out of our desks, shred it then throw it in the air like confetti?

 

[Hee Sox Choi]

 

[joe dokes]

So what's the celebration? To fit with the theme, we all take a tax bill out of our desks, shred it then throw it in the air like confetti?

I think flushing it down the toilet might be more appropriate this year. As would the toilet then overflowing.

 

[Earthbound64]

I think flushing it down the toilet might be more appropriate this year. As would the toilet then overflowing.

There haven't been any fans in Yankee Stadium this year, though.

 

[DamageTrain]

OK, it's 6:40 eastern which means that it really finally is three days precisely. (Thank you for your kindness in overlooking my failure which was not only a failure of rounding, but indeed a failure of being able to count to the number four while looking at a calendar.)

 

[geoflin]

According to Pete Abe the official time is 4:00 PM Monday, just a bit over 32 hours from now.

https://www.bostonglobe.com/2020/08/29/sports/baseball-was-slow-get-board-with-protests/

Monday is a big day for the organization. Once the trade deadline passes at 4 p.m. Eastern, the season will be considered official as far as resetting the penalties for the luxury tax.

 

[Mueller's Twin Grannies]

 

[Jed Zeppelin]

Time to spend like drunken sailors again.

 

[thehitcat]

I consider the 2020 season a roaring success...sigh

 

[Sprowl]

Are we there yet?

 

[IpswichSox]

View: https://twitter.com/PeteAbe/status/1300524964106436611

YES!

 

[canderson]

We made it!

View: https://media.giphy.com/media/7T5sCHY5Wo8tO5ElNb/giphy.gif

 

[joe dokes]

The Villagers Rejoice:
https://www.oddballfilms.com/clip/7033_savarin2

 

[Dewey'sCannon]

The Villagers Rejoice:
https://www.oddballfilms.com/clip/7033_savarin2

I remember this commercial vividly, and the music for it is now playing in my head.

 

[Earthbound64]

I consider the 2020 season a roaring success...sigh

 

[DennyDoyle'sBoil]

So we commonly refer to the players who win championships as one of the 25 or somesuch.

But with roster rules and various players getting moved today it's very hard to actually tell who was on the roster during the great tax rest of 2020 at exactly 4 pm today. How will we commemorate them in future years?

 

[Earthbound64]

So we commonly refer to the players who win championships as one of the 25 or somesuch.

But with roster rules and various players getting moved today it's very hard to actually tell who was on the roster during the great tax rest of 2020 at exactly 4 pm today. How will we commemorate them in future years?

Similar to "The Punto Trade," I would imagine.

Also, "One of the 25" refers exclusively to 2004.

 

[Lose Remerswaal]

So we commonly refer to the players who win championships as one of the 25 or somesuch.

But with roster rules and various players getting moved today it's very hard to actually tell who was on the roster during the great tax rest of 2020 at exactly 4 pm today. How will we commemorate them in future years?

View: https://gfycat.com/fr/memorableequatorialharborporpoise

 

[Lose Remerswaal]

That wasn't what I had planned, but it works just as well

 

[DennyDoyle'sBoil]

That wasn't what I had planned, but it works just as well

I laughed.

 

[pantsparty]

stolen from reddit (where it was probably stolen from somewhere else)

 

[nolasoxfan]

stolen from reddit (where it was probably stolen from somewhere else)

Huzzah!

 

[CoolPapaLaSchelle]

stolen from reddit (where it was probably stolen from somewhere else)

I suspect you somehow now owe Jim Irsay royalties.

 

[edoug]

So we commonly refer to the players who win championships as one of the 25 or somesuch.

But with roster rules and various players getting moved today it's very hard to actually tell who was on the roster during the great tax rest of 2020 at exactly 4 pm today. How will we commemorate them in future years?

I'm not totally confident there will be future years.

 

[DJnVa]

I'm not totally confident there will be future years.

So you think there will be no more baseball?

 

[edoug]

So you think there will be no more baseball?

Never mind me. Just in a bad mood.

 

[The_Powa_of_Seiji_Ozawa]

stolen from reddit (where it was probably stolen from somewhere else)

L'Chaim!

 

[JimD]

stolen from reddit (where it was probably stolen from somewhere else)

I was going to write a snarky 'Can't wait for the NESN video!' response, but to be honest, a one-hour video of Chaim and the Gang of Four doing their job would be infinitely more entertaining than the supposed 'baseball' this team has been playing.

 

[Red(s)HawksFan]

View: https://twitter.com/RedSox/status/1300825798769889285

 

[Smiling Joe Hesketh]

Yikes. Talk about wallowing in it.

I didn't think it was possible for a team to be this tone-deaf, but here we are.

 

[CarolinaBeerGuy]

View: https://twitter.com/RedSox/status/1300825798769889285

What did it say?

 

[Red(s)HawksFan]

View: https://twitter.com/RedSox/status/1300825798769889285

View: https://twitter.com/RedSox/status/1300838080652496896


For those that missed the original, it said "iykyk" with a picture of a finger on a button labeled "reset". Obviously an attempt at humor that did not go over well.

 

[loshjott]

View: https://twitter.com/RedSox/status/1300838080652496896


For those that missed the original, it said "iykyk" with a picture of a finger on a button labeled "reset". Obviously an attempt at humor that did not go over well.

 

[Jim Ed Rice in HOF]

Here was the original and they got roasted for it so they took it down.