Yankees hit with $28 Million luxury tax bill

The New York Yankees were hit with a $28 Million luxury tax bill, making their total past $250 Million since the penalty came into play in 2003.

There was only one other team that had to pay a luxury tax for the 2013 season and that was the Los Angeles Dodgers who must pay $11.4 Million. The Boston Red Sox barely missed the luxury tax for the second straight year, being $225,666 shy of their $178 Million luxury tax.

Figures are calculated by including the average annual salary of the contracts on the 40-man roster, earned bonuses, the adjustments for cash in trades and $10.8 Million in per team benefits.

This was the 15th consecutive season the Yankees finished with the highest payroll.

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