Red Sox President Larry Lucchino: 'We're Going To Fly By The Luxury Tax'

Boston Red Sox president and CEO Larry Lucchino isn't considered about MLB's luxury tax ($178 million threshold for 2012). About the 2012 budget, Lucchino said it "will be the highest budget in Red Sox history" (via WEEI.com).

"I suspect you're going to see that we're going to fly by the luxury tax," Lucchino said.

The Red Sox spent $189 million on their payroll last season, but could exceed that this season. In addition, Lucchino said the resources of the team are not limited by commitments to the ownership of English Premier League club Liverpool FC. Lucchino also said he didn't understand where concerns that the Red Sox were operating conservatively where coming from.

"It's hard to understand that assertion given the level of commitment the club has made, not just for payroll, but for signing bonuses, international scouting," (via NESN)

Lucchino made the statements about the Red Sox budget limits, or rather lack thereof, at an event to celebrate a deal with airline JetBlue. Speaking of that partnership, click here to see a JetBlue plane with Boston Red Sox logos painted on it.

For more on the Red Sox, visit our team page or visit our blog Over The Monster.

Trending Discussions

X
Log In Sign Up

forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

Join SB Nation Boston

You must be a member of SB Nation Boston to participate.

We have our own Community Guidelines at SB Nation Boston. You should read them.

Join SB Nation Boston

You must be a member of SB Nation Boston to participate.

We have our own Community Guidelines at SB Nation Boston. You should read them.

Spinner

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.