Correa’s addition would have put New York on track for a luxury tax payroll and tax assessment of more than $500 million this year.

Source: https://www.gjsentinel.com/sports/professional/ap-source-correa-reaches-200m-6-year-deal-with-twins/article_af1310f5-5ef1-5238-bfcf-40c823f32f1c.html

That differs somewhat from the league’s calculation of a roughly $460-million present-day value (the number used to come up with Ohtani’s roughly $46-million annual luxury tax hit).

Source: https://www.latimes.com/sports/dodgers/story/2023-12-13/shohei-ohtani-dodgers-contract-andrew-friedman-mark-walter

The 2023-24 cap is $136 million and the luxury tax level $165.2 million.

Source: https://www.dailyherald.com/sports/20230630/bulls-quickly-agree-to-new-deal-with-white-add-local-point-guard-carter-rose-goes-to-memphis

This launches them to $214 million in combined contracts and estimated luxury tax penalties.

Source: https://www.forbes.com/sites/shaneyoung/2023/10/01/boston-celtics-acquire-jrue-holiday-from-portland-trail-blazers-to-complete-successful-offseason/