Apr 26, 2013, 8:53 AM EDT
Jeff Passan reports why the Yankees — whose decision to not sign any significant long-term deals this past offseason despite multiple on-field needs was chalked up to a desire to get under next-year’s $189 million luxury tax threshold — are likely to exceed said threshold nonetheless:
In recent months, the Yankees have become far less bullish on their publicly stated austerity plan, admitting to other executives and agents that staying beneath the $189 million threshold is unlikely and impractical.
“They’re going to be over 189,” one source familiar with the Yankees’ plans said. “They know it. Everyone knows it. You can’t run a $3 billion team with the intentions of saving a few million dollars.”
Passan explains why the particular rules of the luxury tax and the revenue sharing system make Plan-$189 million both impractical and, perhaps, less desirable to the Yankees than it once was.
Now, if only there were some good young blue chip free agents to go blow a chunk of change on.
- Mariners prospect Victor Sanchez has died 22
- 2015 Preview: Chicago White Sox 15
- Did David Ortiz admit to more than he realized with his Players’ Tribune editorial? 83
- 2015 Preview: Atlanta Braves 15
- David Ortiz: “Nobody in MLB history has been tested for PEDs more than me” 118
- 2015 Preview: Chicago Cubs 14
- Unsigned 2014 No. 1 overall pick Brady Aiken undergoes Tommy John surgery 61
- 2015 Preview: Seattle Mariners 15
- Ex-Cardinals outfielder Curt Ford was assaulted in St. Louis and told to “go back to Ferguson” (122)
- David Ortiz: “Nobody in MLB history has been tested for PEDs more than me” (118)
- Rob Manfred says it would be hard to reinstate Pete Rose in a limited way (89)
- Mo’ne Davis says college ballplayer who wrote an offensive tweet about her deserves a second chance (88)
- Did David Ortiz admit to more than he realized with his Players’ Tribune editorial? (85)