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Annual amount of luxury tax paid in Major League Baseball 2003-2020

The statistic depicts the luxury tax* paid by Major League Baseball teams from 2003 to 2020. The luxury tax is officially known as Competitive Balance Tax (CBT). In 2020, a total of 25.07 million U.S. dollars were paid as luxury taxes in Major League Baseball.

Luxury tax payments* by Major League Baseball teams from 2003 to 2020

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Sources

Release date

July 2020

Region

Canada, United States

Survey time period

2003 to 2020

Supplementary notes

*According to the source, the luxury tax in baseball is a tax on payrolls above a specific threshold each year. Tax money is used to fund player benefits and MLB's Industry Growth Fund.

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Statistics on "Major League Baseball"

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