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« Bernie's back at 1 year, $1.5M | Main | Bernie knows what the deal is »

December 22, 2005

Life of Luxury

The Yankees were hit with a luxury-tax bill for about $34 million, according to The Associated Press, making them by far the biggest offenders in baseball. Only the Bombers and the Red Sox (who owe $4 million) went over the $128million threshold, with the Yanks taxed at a 40% rate because this was the third year they surpassed it. The Bombers' payroll - average annual value of salaries for the 40-man roster including benefits - was $213.1 million. (Daily News)

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