MLB teams broke records for luxury tax penalties accrued in 2024.
According to USA Today's Bob Nightengale, nine squads were penalized a total of $311.305 million for exceeding luxury tax thresholds throughout the year. The Los Angeles Dodgers accounted for $103.016 million of the combined penalties, while the New York Mets and New York Yankees rounded out the top three.
The trio of organizations also represented the only teams to have payrolls exceeding $300 million in 2024.
This article will be updated soon to provide more information and analysis.