That's one way to spend $26.9mm
The Yanks have again been hit with the luxury tax. This year they have to pay $26.9mm. So for all those fans of the Royals, Twins, Athletics, Diamondbacks, and Pirates who complain that the Yankees just go out and buy all their players, stop complaining. For every dollar they spend above the luxury threshold, they must pay a proportional amount of money in Luxury Tax, which is put into the revenue sharing system.
Posted by Kevin S. at 8:59 PM