AP NewsBreak: Yankees, Red Sox, Angels to pay luxury tax
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Boston and Anaheim must pay baseball&#39;s luxury tax along with the New York Yankees, according to final figures compiled by the commissioner&#39;s office.
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A season that began with the New York Yankees and Boston Red Sox fighting over Alex Rodriguez and his &#36;250 million contract ended the same way with the Major League's two richest teams leading a parade of big spenders into the playoffs.
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An article last Sunday in the special Your Taxes report, about income taxes that must be paid by athletes who travel out of state, misstated the estimated New York tax liability of a hypothetical Boston Red Sox player making $20 million a year who appeared in nine games at Yankee Stadium. It would be about $60,000, not $100,000. (While such a player would be liable for New York State taxes, there would be no New York City tax due.).
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The New York Yankees edged arch rivals the Boston Red Sox 4-3 on Sunday, ace reliever Mariano Rivera pitching out of a bases-loaded jam to secure a win set up by Derek Jeter's eighth-inning clutch home run.
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New York Yankees pitcher Wang  Chien-Ming will make a 2008 salary of $4 million instead of his  request for $4.6 million in an arbitration decision announced  on Friday in favor of the American League club.
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The Yankees are paying more in luxury tax than the Tampa Bay Devil Rays spent on their payroll. New York is required to pay $25,026,352, according to a Dec. 21 memorandum that was sent to all major league teams.
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Derek Jeter settles his case with tax officials, who had said the Yankees captain should have paid three years of taxes as a New York state resident.
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Oakland, Anaheim and Texas are still battling with a week to go for what is likely to be the final spot in the AL playoffs. With Minnesota having clinched its third consecutive AL Central title, the New York Yankees heading toward a seventh straight first-place finish in the AL East and Boston comfortably ahead in the wild-card race, the West figures to attract the most interest in the final week of the regular season...
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The last time the Boston Red Sox visited Yankee Stadium, Derek Jeter was hurtling headfirst into the stands, Nomar Garciaparra was sulking in the dugout and New York was pulling away in the AL East.
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The New York Yankees, Arizona and Los Angeles spent Friday trying to put the finishing touches on the megadeal that would move All-Stars Randy Johnson, Shawn Green and Javier Vazquez.
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MIAMI - Pete Rose is back in trouble with the Internal Revenue Service, which says the baseball great owes nearly $1 million in unpaid taxes.    The IRS filed a federal tax lien in Broward County on Tuesday alleging that baseball's all-time hits king owes $973,693.28 in back taxes from 1997 to 2002...
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NEW YORK -- The Yankees did finish first in something last year _ spending. While its streak of AL East titles ended at nine, New York wound up with a record payroll of $218.3 million.
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New York, NY -- New York Yankees closer Mariano Rivera is reportedly dealing with a personal issue that could affect his availability early in the American League Championship Series against the Boston Red Sox, which begins Tuesday in the Bronx.
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The New York Yankees, Arizona Diamondbacks and Los Angeles Dodgers spent yesterday trying to put the finishing touches on the megadeal that would move all-stars Randy Johnson, Shawn Green and Javier Vazquez.
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(Sports Network) - The Cleveland Indians try to remain on the winning track tonight when they continue their three-game series with the New York Yankees at Yankee Stadium.
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BRONX, New York (Ticker) -- Weather permitting, the Boston Red Sox will attempt to take another bite out of the New York Yankees&#39; lead in the American League East Division standings when the two teams continue a three-game series Saturday.
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The Yankees were hit with a tax bill of $23.88 million by Major League Baseball on Friday, down from $26 million last year and from a high of $33.98 million in 2005.