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Stock impact report

Atlanta Braves face $19 million tax-hike battle over player pay [Yahoo! Finance]

Liberty Media Corporation - Series A Liberty Braves (BATRA) 
US:NASDAQ Investor Relations: ir.libertymedia.com/stock-information
Company Research Source: Yahoo! Finance
Most Read from Bloomberg DOGE Visits National Gallery of Art to Discuss Museum's Legal Status Trump Administration Takes Over New York Penn Station Revamp DOGE Places Entire Staff of Federal Homelessness Agency on Leave Trump Signs Executive Orders on Federal Purchasing, Office Space Why the Best Bike Lanes Always Get Blamed A little-known tax rule soon to go into effect will restrict public corporations from deducting the salaries paid to their highest compensated employees. For Atlanta Braves Holdings Inc., those employees are players — including first baseman Matt Olson, third baseman Austin Riley and former National League Most Valuable Player Ronald Acuña Jr. Privately held teams like the New York Mets, owned by Point72 Asset Management founder Steve Cohen, and billionaire John Middleton's Philadelphia Phillies, won't get hit by the tax. The Mets, for example, can deduct every dime paid to outfielder Juan Soto, a free agent lured from the New York Yankees with a re Show less Read more
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