MLB's Making a Dollar (or Two) on Luxury Tax

The MLB season 2017 has just begun. There are going to be 162 games played by 30 teams. At total of six major league organizations will pay a luxury tax for exceeding the $195 million salary level. With a new collective bargaining agreement set to go into effect, there have never been more teams subject to the tax. In the past years the MLB's luxury tax revenue has gone up quite a bit already.