December 21, 2010

Taxes Down

The Yankees received their luxury tax bill, $18 million for 2010. That’s the lowest amount they’ve paid.

Since the current tax began in 2003, the Yankees have run up a bill of $192.2 million. The only other teams to pay are Boston ($15.34 million), Detroit ($1.3 million) and the Los Angeles Angels ($927,000).

So over eight seasons, the Yankees payed an extra year of payroll.

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