Major League Baseball has released official final payrolls along with the average annual value calculations used to determine the luxury tax, and once again, the Yankees sit near the top of each list. With a payroll of just over $208 million and tax bill approaching $16 million, the Bronx Bombers look like big spenders, but […]
Archive for December, 2017
With Business Booming, Is Yankees Plan To Cut Payroll a Bust?
Posted in Baseball, Business and Finance, CBA, Hal Steinbrenner, MLB, Yankees on December 20, 2017 | 2 Comments »
Dodgers, Yankees Cut Back But Remain Baseball’s Top Spenders; As Big Markets Seek to Avoid Luxury Tax, Payrolls Rise for Most Teams
Posted in Baseball, Business and Finance, CBA, Hal Steinbrenner, MLB, Red Sox, Yankees on December 20, 2017 | 2 Comments »
The Dodgers came within one game of winning the World Series, but they didn’t fall short in the final MLB payroll rankings. For the fourth straight year, Los Angeles led all teams with nearly $247 million spent on players, widening its lead over the Yankees as the sport’s top spender. 2017 Final MLB Payrolls Note: […]
How Giancarlo Stanton Could Help Yankees Avoid Paying Luxury Tax
Posted in Baseball, Brian Cashman, Business and Finance, CBA, Hal Steinbrenner, MLB, Roster Analysis, Yankees on December 10, 2017 | Leave a Comment »
The Yankees began the off season trumpeting their intention to fall below the luxury tax threshold for the first time. With a superstar free agent class looming in 2018, avoiding the tax and resetting the penalty from 50% to 20% was deemed an economic imperative. So, what did Brian Cashman do? He traded for the […]