Tag

Payroll

All articles tagged with #payroll

Braves launch self-owned TV network as Chris Sale extension signals bigger payroll ambition
sports3 days ago

Braves launch self-owned TV network as Chris Sale extension signals bigger payroll ambition

Atlanta revealed BravesVision, a self-owned TV network set to launch in 2026 and beyond, alongside a Chris Sale extension guaranteeing $27 million for 2027 with a possible $30 million for 2028, signaling greater financial flexibility to extend core players (notably Ronald Acuña Jr.) and pursue bigger payroll opportunities, though Acuña’s long-term extension remains complex due to injuries and earnings potential.

Red Sox Exit Devers Fallout With Hicks-Sandlin Sale for Ziehl
sports24 days ago

Red Sox Exit Devers Fallout With Hicks-Sandlin Sale for Ziehl

Boston traded right-hander Jordan Hicks and pitching prospect David Sandlin to the White Sox for pitching prospect Gage Ziehl in a salary-dump intended to shave about $3 million off the team’s second CBT hit and open two 40-man spots. Hicks, who had a four-year, $44 million pact with the Giants and underperformed for Boston, will thus contribute roughly $4 million per year to the Red Sox’s luxury-tax payroll going forward. The deal underscores the ongoing Devers saga and the broader effort to clean up last year’s roster mess, with questions remaining about whether the moves will produce lasting on-field improvement.

Austin's 2025 payroll snapshot: City Manager leads a high-earning lineup
local24 days ago

Austin's 2025 payroll snapshot: City Manager leads a high-earning lineup

An American-Statesman analysis of the City of Austin’s FY2025 payroll shows 13,567 full-time workers, a median regular pay of $86,711, and City Manager T.C. Broadnax at the top with $538,608 in total pay (no overtime). Overtime drives many top earners’ totals, especially in Police and Austin Energy, where 139 employees earned as much or more in overtime as in regular pay; Police Chief Lisa Davis received no overtime. Mayor Kirk Watson earned $151,443. Overall, overtime totals were $52.2M for Police, $22.2M for Fire, and $19M for Austin Energy, with Emergency Medical Services relying on overtime for ~27% of pay. The Information Security Office had the highest median regular pay at $147,530; the Law Department the second at $121,555. Data reflect FY2025 full-time, non-temporary staff as of Sept. 20, 2025, from public records.

Red Sox clear payroll space as they court an infielder
sports25 days ago

Red Sox clear payroll space as they court an infielder

The Red Sox traded reliever Jordan Hicks (plus minor-leaguer David Sandlin, cash and two players to be named later) to the White Sox for pitching prospect Gage Ziehl and a player to be named later, sending $8 million of Hicks’ $24 million owed and freeing two 40-man spots. The deal lowers Boston’s 2026 luxury-tax payroll to about $258 million (roughly $6 million under the second tax tier) and sets the stage for an infield addition, with targets discussed including Nico Hoerner, Matt Shaw, Ketel Marte, Brendan Donovan, and Marcelo Mayer. Hicks posted an 8.20 ERA and was limited by injuries, helping motivate the move.

White Sox Promise Aggressive Moves With New Payroll Freedom
sports1 month ago

White Sox Promise Aggressive Moves With New Payroll Freedom

After trading Luis Robert Jr. to the Mets and trimming about $20 million from their 2026 budget, the White Sox’ GM Chris Getz said the club will be “very active” by using the added payroll flexibility to bolster outfield, starting pitching, and bullpen through a mix of trades and short-term signings as they rebuild with a larger, more versatile roster.

Kyle Tucker Signing Highlights Dodgers' Wealth, Spurs Yankees Ownership Reassessment
sports-business1 month ago

Kyle Tucker Signing Highlights Dodgers' Wealth, Spurs Yankees Ownership Reassessment

Kyle Tucker’s high-value deal underscores the Dodgers’ financial heft and signals a shift in MLB power away from the Yankees’ traditional dominance; the move could push Yankees owner Hal Steinbrenner to explore minority stakes or external investors to stay competitive as more teams rely on outside capital to fund payrolls and strategy.

Dodgers land Kyle Tucker on record-setting deal, intensifying payroll debate
sports1 month ago

Dodgers land Kyle Tucker on record-setting deal, intensifying payroll debate

The Dodgers signed Kyle Tucker to a four-year, $240 million contract with a $64 million signing bonus and $30 million deferred, including opt-outs after 2027 and 2028, pushing their estimated competitive-balance tax payroll to about $402.5 million and setting a new high in average annual value (~$57.1 million). The move fits a pattern of patient, aggressive spending by LA and has sparked backlash about competitive balance and potential salary-cap changes as MLB negotiates a new CBA. Tucker, a former All-Star, boosts a star-studded Dodgers lineup; the deal underscores how revenue streams like TV deals and fan spend support outsized contracts in today’s game.

Red Sox land Ranger Suárez on five-year, $130M deal to anchor rotation
sports1 month ago

Red Sox land Ranger Suárez on five-year, $130M deal to anchor rotation

The Red Sox agreed to a five-year, $130 million contract with left-hander Ranger Suárez, pending a physical, giving Boston a deep rotation led by Crochet, Gray, Bello, and Oviedo. The move comes with a franchise‑record payroll and luxury‑tax implications, including surrendering the Sox’s second- and fifth-round picks in the 2026 draft and $1 million in international amateur bonus pool money in 2027, as Boston also pursues offensive upgrades to balance the lineup and compete in the AL East.

business4 months ago

Hollywood Extras Find New Work Opportunities, Says Payroll Firm

Everyset, a Hollywood payroll firm specializing in background actors, has raised $9 million to expand from software services to becoming a full-service payroll provider, capitalizing on the resurgence of extras' work driven by new tax incentives across the U.S. The company, which supports major productions like 'Severance' and 'The Summer I Turned Pretty,' is competing with long-established firms like Central Casting and aims to grow its market share amid increasing production activity in states like Georgia, California, and New York.