Tuesday, December 17, 2013

Yankees Pay $28.1 Million In Luxury Tax For 2013

The luxury tax penalties are in for the 2013 season and the Yankees were hit with having another Alex Rodriguez on the team when they had to pay $28.1 million. That is obviously a new record, what else is new, and the Yankees are only one of two teams, the other team being the Dodgers, to pay the tax this season.

The Yankees had a payroll near $237 million in 2013 when all was said and done, much like the Dodgers who only had to pay $11 million, but the Yankees being repeat offenders they were hit harder. This penalty will take the Yankees total fee from 2003 to over $250 million.

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Sorry for the Capatcha... Blame the Russians :)