December 23, 2006

COSTLY FUTILITY:

Luxury tax for Yankees $26 million (Associated Press, December 23, 2006)

The Yankees got the bill Friday for their disappointing season.

The Yankees were slapped with a $26 million luxury tax by the commissioner's office, raising New York's total to $97.75 million over the last four years. [...]

New York hasn't won the World Series since 2000, and was knocked out in the first round of the playoffs for the second straight year. The Yankees paid tax in all four seasons of the just-expired collective-bargaining agreement: $11.8 million in 2003, $26 million in 2004 and $34 million for last year.


And they're about to dump very nearly their only good young player for a lefty set-up guy. It's like the '80s all over again.

Posted by Orrin Judd at December 23, 2006 9:10 AM
Comments

And look for Steinbrenner to get "posting fees" included in the calculations.

knocked out in the first round of the playoffs for the second straight year.

Whiners. At least they made it. What was the last year they didn't play in October? '94?

Go Blue Jays!

Posted by: Raoul Ortega at December 23, 2006 11:25 AM

Ah oj, the steady and familiar whine of the fan of a 3rd place team.

Raoul, here's hoping your Jays give us a run for our money this year. With the Sawx out of contention these days, we need someone to push us.

Posted by: Jim in Chicago at December 23, 2006 1:58 PM

Whine? I think it's hilarious. Melky in ATL on TBS every night will be especially enjoyable.

www.baseballprospectus.com/unfiltered/?p=111

Posted by: oj at December 23, 2006 5:06 PM
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