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The Texas Rangers went over the MLB luxury tax by just $380,000, but the consequences are significant. This marks the third straight year the Rangers have exceeded the tax and the second straight year they missed the playoffs, putting the organization in a difficult financial position. Owner Ray Davis has made it clear the team does not want to exceed the threshold again and instead plans to reset the penalty rate from 50 percent down to 20 percent. We break down how the Rangers got here, why the decision is so frustrating for fans, and what this financial reset means for the roster moving forward.
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