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New York Mets hit with record luxury tax of nearly $101 million after 4th-place finish

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.

The Mets' tax bill came to $100,781,932 after they finished fourth in the NL East at 75-87 in the most expensive flop in baseball history.