Saturday, December 15, 2012
Yankees 2012 Luxury Tax Penalty Set At $18.9 Mill
The Yankees have spent approx. $224.2 million over the last 10 years of the luxury tax threshold penalty which is one seasons worth of payroll in the Bronx or more. In 2011 the Bombers paid a "mere" $13.9 million but in 2012 we are paying $18.9 million. I still cannot get behind the austerity budget for 2014 and the whole $189 million plan even after seeing these numbers. These numbers are a drop in the bucket in the big picture but hey, what do I know right?