Wednesday, December 21, 2016

This Day In New York Yankees History 12/21: Yankees Pay Their Taxes


On this day in 2009 the Yankees got hit with a luxury tax penalty bill of $25.69 million after winning the World Series just a month and a half ago. New York was the only team to go over the cap and get the penalty bill in the mail and has been the only team to be penalized in the seven years of the luxury tax's existence.

Also on this day in 1995 the Yankees resigned David Cone to a three year deal worth $18 million. Cone and the Toronto Blue Jays flirted around before George Steinbrenner got his man back in pinstripes.

Finally on this day in 1927 the New York Yankees and the Boston Red Sox made a trade that saw pitchers Ernie Shore and Dutch Leonard with outfielder Duffy Lewis go to the Yankees for "relatively unknown players" and $15,000 cash. The group of players included Frank Gilhooley, Slim Love, Ray Caldwell, and Roxy Walters.

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