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updated: 12/18/2012 12:23 PM

Sox, Cubs finish middle of payroll pack

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Associated Press

NEW YORK -- The Chicago White Sox finished 13th and the Cubs finished 14th on Major League Baseball's payroll rankings for the 2012 season, with the New York Yankees again leading the way with a payroll nearly equal to the White Sox and Cubs combined.

The White Sox spent $114,459,560, and the Cubs spent $112,711,841 while the Yankees totaled $223,439,158.

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Listed below are the final 2012 payrolls for the 30 major league teams for purposes of the luxury tax, as defined by baseball's collective bargaining agreement and sent to clubs by the commissioner's office.

Figures are for 40-man rosters and include the average annual values of contracts and $10,799,590 per club for benefits and extended benefits, which include items such as health and pension benefits; club medical costs; insurance; workman's compensation, payroll, unemployment and Social Security taxes; spring training allowances; meal and tip money; All-Star game expenses; travel and moving expenses; postseason pay; and college scholarships. Salaries include earned incentive bonuses, noncash compensation, buyouts of unexercised options and cash transactions. In some cases, parts of salaries that are deferred are discounted to reflect present-day values.

The luxury tax is assessed on the amount above $178 million. As a team that paid at a 40 percent rate on the amount over the threshold in 2011, the Yankees pay at a 42.5 percent rate on the amount over the threshold in 2012.

1. N.Y. Yankees: $223,439,158

2. Boston: $177,952,823

3. L.A. Angels: $176,652,838

4. Philadelphia: $174,523,432

5. San Francisco: $160,399,128

6. L.A. Dodgers: $158,258,570

7. Texas: $148,513,970

8. Detroit: $145,231,588

9. St. Louis: $125,811,271

10. Milwaukee: $120,865,321

11. Washington: $118,978,939

12. Cincinnati: $118,770,061

13. WHITE SOX: $114,459,560

14. CUBS: $112,711,841

15. Miami: $111,824,633

16. Colorado: $106,202,187

17. Minnesota: $105,860,445

18. N.Y. Mets: $105,704,018

19. Atlanta: $105,318,027

20. Toronto: $103,726,534

21. Baltimore: $97,056,240

22. Arizona: $88,891,716

23. Seattle: $88,389,993

24. Kansas City: $83,462,428

25. Cleveland: $82,626,016

26. Tampa Bay: $81,206,178

27. Pittsburgh: $80,317,027

28. San Diego: $78,817,495

29. Oakland: $73,073,503

30. Houston: $72,265,379

Total: $3,541,310,317

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