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Saturday November 23rd 2024

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How the Yankees May Actually Be Motivated to Spend Freely Again in Near Future

York Yankees boss Hal Steinbrenner has already conceded that the organization's goal for a $189 million payroll is not set in stone.

His next concession may be that it was never a good idea to begin with.

There is a hole in the idea that going under and staying under the $189 million luxury tax threshold in 2014 and beyond will provide financial relief for the Yankees. Joel Sherman of the New York Post first outlined it in November, and Ken Rosenthal of FoxSports.com revisited it this week.

What's unclear is how going under and staying under the luxury tax threshold would allow the Yankees to benefit from a complex program put in place by MLB's new collective bargaining agreement. Sherman referred to it as a "revenue sharing ...

Read Full Article at Bleacher Report - New York Yankees


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