to USA Today, no two teams in Major League Baseball are spending more money this season than the New York Yankees and Philadelphia Phillies. The Bombers top the league with a payroll of around $198 million, and the Phillies are just behind them at around $175 million.
Here's the thing, though: These numbers are on their way down. Such is the plan for both clubs.
It's been common knowledge for a while now that the Yankees are looking to curb their high-spending ways. Hal Steinbrenner said back in March, via ESPNNewYork.com, that he wants to get the club's payroll under the $189 million luxury tax threshold that will kick in in 2014, a tall order for a club that has been operating with payrolls over $200 million for several years now.
Read Full Article at Bleacher Report - New York Yankees
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