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Saturday September 19th 2020


Yankees’ 2013 Luxury Tax Bill of $29.1 Million Higher Than Entire Astros Payroll

class="ui-droppable">The New York Yankees once again will be footing the highest luxury tax bill in baseball, this year at $29.1 million.

As reported by USA Today's Bob Nightengale, the luxury tax penalty is higher than the entire Houston Astros' payroll, which is just over $21 million, according to ESPN.com.

The Yankees currently have a $236.2 million payroll for purposes of the luxury tax, and must pay a 50% tax over the $178 million threshold as a repeat violator.

The Los Angeles Dodgers are the other team Major League team that will be required to pay a luxury tax this year. The Dodgers currently have a franchise-record $234.5 million payroll for its 40-man roster.

Yet, the Dodgers' penalty will be much less of a financial ...

Read Full Article at Bleacher Report - New York Yankees

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