Tag Archives: Luxury Tax

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 … Continue reading

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Yankees hit with a $18.9 million luxury tax bill

The Yankees are working to get to a $189 million budget for 2014, but they certainly weren’t cutting costs last year as they were hit with a $18.9 million luxury tax bill on a $222.5 million payroll, according to an … Continue reading

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