Thursday, December 13, 2012

Luxury "Yankee" Tax


With the New York Yankees paying over 91% of the luxury tax in the past 7 years should the name just be changed to the Yankees tax?

The Yankees have always been one of the highest paid teams in the MLB. With George Steinbrenner at the helm it was no problem to spend $29 million dollars for an aging third basemen in Alex Rodriguez. That was just his attitude towards owning the Yankees. They could buy their way to championships. With the passing of George Steinbrenner how will the Yankees attitude change toward big time spending? Could this have an affect on the parity of the league? Will other teams now have a chance to get big time players instead of the Yankees buying them?

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