Luxury Tax is Down!
December 25th, 2007 | Categories: News
This year the Yankees’ luxury tax was reduced to $23.88 million. Man, we are really a thrifty bunch! But really, sure its a lot but it still beats the $26 million we paid last year and it is certainly an improvement over the $33.98 million we paid in 2005. The Rocket accounted for $6.98 million of this year’s tax and at the moment it doesn’t look like he’ll be returning, so our payroll should be lower this season (which will bring down the luxury tax). Well that’s unless we get Santana, in which case it may still remain about the same if we give him a big deal. But who really knows whats happening with the Twins ace?
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