With the new CBA in place, luxury tax thresholds have been raised.
Not only that, but the highest possible threshold is now being referred to as the Steven Cohen tax.
And the New York Mets‘ owner has certainly made it clear that he wants to win and spend big on free agents, as evidenced by the signing of Max Scherzer, a deal worth three years and $130 million.
But Cohen doesn’t seem to mind having a tax threshold named after him, nor does he mind going over that threshold, as he states he would rather have a threshold named after him than a bridge.
Steve Cohen on whether his Mets will go over the Cohen threshold: “We probably will.”
On having the tax named after him, informally:
“It’s better than having a bridge named after you.”
— Chelsea Janes (@chelsea_janes) March 13, 2022
Absolute Gold
This comment is absolutely hilarious.
A guy like Cohen is a player’s type of owner, somebody who wants to spend big money and give his team a chance at being a World Series contender, and he couldn’t care less that the new luxury tax threshold is named after him.
He doesn’t take offense to it in the slightest, and in fact appears to be honored to have a tax threshold named after him.
Again, he’s an owner that has made it perfectly clear that he wants to spend money.
He wants to bring in top-level talent and win.
And so far, he’s done just that, putting the Mets in position to make a run at an NL East title and unseat the Atlanta Braves.
Cohen does not care what people think of him and will most likely continue to spend with the intent of going over the so-called “Cohen tax.”
All that matters to him is that the Mets win games and are a serious contender.
He’s not the kind of owner that would ever engage in a practice such as tanking.
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