Cubs shoot down report they were penalized for exceeding luxury tax
Subscribe for unlimited digital access.
Try one month for $1!
Subscribe for unlimited digital access. Try one month for $1!
ORLANDO, Fla. — The Cubs said a news report Monday listing the team as one of six penalized for exceeding the competitive balance – or “luxury” – tax threshold in 2017 was in error.
The Cubs actually were far below the threshold this season.
It’s a significant difference because that would have meant a second consecutive year of penalties, which would have impacted draft pick compensation this winter.