$23.88 Million Tax? Thatâs Life, Not Luxury, for Yankees
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Luxury taxes are the cost of doing business for the Yankees, but the business better be good, because bad business wonât be tolerated forever.
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The New York Yankees and pitcher Mike  Mussina have agreed a two-year contract worth a reported $23  million, the team announced on Monday.
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Itâs possible to perceive that money was at least a part of the lack of commitment that Joe Torre felt the Yankees demonstrated.
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NEW YORK -- Yankees fans are paying the price for supporting baseball's highest payroll.
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The Yankees say they will move quickly to find a replacement for Joe Torre, who turned down a salary of $5 million with a possible $3 million in bonuses.
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Sadomasochism doesn&#39;t explain why taxpayers have spent $438,700 in recent years to make sure more Carolina heelsplitters are lying around to step on.
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Time heals, they say, but apparently not in the 24 hours that passed after the Yankees learned that Alex Rodriguez was opting out of his 10-year, $252 million deal. The resolve of Yankees management and ownership seemed only stronger.
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The New York Yankees came calling on Eric Milton, willing to peel some bills out of their bulging money clip. The big-budget Boston Red Sox and Los Angeles Dodgers also
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Joe Torreâs refusal to accept a contract offer came 47 years to the day after the Yankees dismissed Casey Stengel, who also spent 12 seasons as the teamâs manager.
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Boston and Anaheim must pay baseball&#39;s luxury tax along with the Yankees, according to final figures compiled by the commissioner&#39;s office.
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Baseball teams part ways with a manager who asks for too much money, but itÂs hard to think of a company that has let a chief executive walk over pay.
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If money talks, George Steinbrenner shouts. At least that's how the New York Yankees' boss has gone about his business most of the time over the past three decades.
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As priceless as winning the franchise's first World Series in 86 years may have seemed, the Red Sox yesterday absorbed a $3.1 million tax for exceeding baseball's $120.5 million payroll threshold by $14 million.
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ne bad breaking ball did in the Yankees yesterday. Usually, one mistake does not cost them so dearly, but the Yankees are not usually scrounging for hits either.
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NEW YORK - Yankee officials have said that pitching is their top offseason priority, but they obviously didn&#39;t think it was worth it to give Jon Lieber $8 million to be a part of their rotation next season, even though he was one of their only reliable
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BOSTON -- They smart-bombed the New York Yankees in four consecutive and stunning games, exposing George Steinbrenner&#39;s mercenaries as a collection of high-priced misfits instead of cohesive champions.
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New York State tax officials have settled their case against the Yankees shortstop Derek Jeter, who they said owed three yearsâ worth of resident income taxes.