Dec 22, 2011, 7:23 PM EST
It’s time for baseball’s biggest spenders to pay up.
According to the Associated Press, via NBCSports.com, the Yankees were hit with a $13.9 million luxury tax bill from MLB on Thursday and the Red Sox were asked to pay $3.4 million.
For the Yanks, it’s their lowest luxury tax bill since 2003, down from $18 million in 2010 and $25.7 million in 2009. For the Red Sox, it’s their highest bill ever, up from the $1.5 million they paid last year. Both fees, which are based on the teams’ payrolls for 2011, must be paid to the MLB commissioner’s office by the end of January. The luxury tax threshold was $178 million.
- Phillies GM told Ryan Howard they’d be better off “not with him but without him” 82
- Trea Turner’s agent is unhappy his client is in limbo after trade to Nationals 47
- Nexen Heroes accept Jung-Ho Kang posting fee from unidentified MLB team 31
- Giants acquire Casey McGehee from the Marlins 16
- The Padres have given their fans something to talk about. Which is badly needed in San Diego. 64
- Justin Upton traded to the Padres for three prospects 79
- Bud Selig will get a $6 million a year pension. Which is obscene. 144
- Jake Peavy agrees to a two-year, $24 million deal to stay with the San Francisco Giants 26
- The United States will seek to normalize relations with Cuba (144)
- Bud Selig will get a $6 million a year pension. Which is obscene. (144)
- Cubs, Red Sox, Dodgers, Padres, Rangers, and Astros interested in Phillies’ Cole Hamels (111)
- Rays, Padres, Nationals agree to 11-player trade (97)
- Chase Headley signs a four-year deal with the Yankees worth at least $52 million. (95)