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| Yankees Get $26 Million Luxury Tax NEW YORK -- 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 past four years. Boston, which missed the playoffs, was the only other team over the tax threshold and will pay $497,549. 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. Although the Yankees' spending on players may have decreased because of the tax, the team says any dip was slight. ESPN.com - MLB - Commissioner slaps Yankees with $26M luxury tax bill
__________________ Hello, my name is Juan Pablo Montoya. You wrecked my racecar, prepare to die. how about a frosty can of Shut The Hell Up |
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| Re: Yankees Get $26 Million Luxury Tax Quote:
His father made his business, and he just took it over and smiled for the cameras. If it wasn't for his giant publicity or loans, he would be under the ice. |
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| Re: Yankees Get $26 Million Luxury Tax I'm sure the Yankee ownership doesn't like to write out checks that big for the other rich owners but it's the nature of the beast these days. Don't forget, by the end of the decade they will have a brand spankin' new ballpark to bring in even MORE cash. Hand over fist! |
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