These numbers are just laughably off. This was already covered, but NY does not have a marginal 9% higher tax rate (what would be needed to have a $60M difference on a $660M deal). Thats just terrible analysis.I think Boston's financial (tax) advantage is understated here. If the Yankees and Mets are offering Soto 15/735... he'd have essentially the same net pay if he accepted a 15/675 offer from Boston. And if Boston is truly above $700M, then the NY "match" is closer to 15/775.
It's really ugly math for the Yankees and Mets, just how much they have to outbid Boston by.
All of these are assuming 15 year contracts, covering $40M-55M AAV.
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In other words, to match the Red Sox, NY teams need to outbid us by $4M AAV.
Edit: That type of difference is like CA to Texas or some other no income tax state. Not between two high tax states.