The New York Yankees were hit with a $13.9 million luxury tax bill Thursday, their lowest since 2003.Looks like the Yankees are getting closer to where they want to be financially, which is good, I guess.
The fee, assessed by Major League Baseball under its labor contract, is down from $18 million last year and $25.7 million in 2009, when the Yankees won the World Series.
Boston, which missed the playoffs for the second straight season, is the only other team that will have to pay a tax. The Red Sox received a bill for $3.4 million, up from last year's $1.5 million.
Season-ending payroll information and the tax was sent to teams and obtained by The Associated Press.
Thursday, December 22, 2011
From The AP: