Major League Baseball issued its annual invoices for the luxury tax, showing that the Bombers slashed their league-leading tax for 2010 by more than $7 million.Saving money, not landing any players that will improve the team, and they appear happy about it. If 2011 isn't being looked at as a transitional year than I don't know what is.
According to figures obtained by The Associated Press, the Yankees were hit with an $18 million luxury-tax bill, their lowest since 2003. For the '09 season, the Bombers shelled out $25.7 million.
"Atta baby," general manager Brian Cashman told The AP. "And right now we're in the $170s."
The Red Sox were the only other team hit with a luxury-tax bill, as Boston will pay out $1.49 million, the first time since 2007 that the Sox have exceeded the payroll threshold.
Still, with a payroll of $170.7 million, the Red Sox were a whopping $44.4 million behind the Yankees - more than the entire payrolls of the Padres ($43.7 million) and Pirates ($44.1 million). Both teams must send their checks to the league by the end of January.
I wonder what George would be saying about all this if he were still around.