devilalum
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A tax rate of 17.5 percent this year means the Yankees' final payroll, for tax purposes, was $184.5 million. The other 29 teams all stayed under the tax threshold of $117 million established by baseball's new collective bargaining agreement.
Commissioner Bud Selig pushed for the tax to discourage high-revenue teams from far outspending their rivals. The Yankees were told of the amount late Tuesday.
"One year's experience is not sufficient to make a judgment, but we are pleased with the increase in competitive balance on the field,'' said Bob DuPuy, baseball's chief operating officer.
Competitive Balance?
The Dbacks have to cut their payroll to 50 million by next year to keep from losing money while the Yankees, Red Sox, Braves, Cubs, etc. spend obscene amounts of money to buy whatever players they want.
Commissioner Bud Selig pushed for the tax to discourage high-revenue teams from far outspending their rivals. The Yankees were told of the amount late Tuesday.
"One year's experience is not sufficient to make a judgment, but we are pleased with the increase in competitive balance on the field,'' said Bob DuPuy, baseball's chief operating officer.
Competitive Balance?
The Dbacks have to cut their payroll to 50 million by next year to keep from losing money while the Yankees, Red Sox, Braves, Cubs, etc. spend obscene amounts of money to buy whatever players they want.
