The Bronx Bombers have a projected payroll of $195 MIL already – and are perennial abusers of the Luxury Tax Threshold – so they are at a 50% penalty for any money spent between $195 – $215 MIL.
Don’t look for them to add much – unless they can orchestrate a trade of one of their salaried players already.
The brass is playing this smart. The young players will make or break this current roster of players, however if the season gets away from New York, they will assuredly deal a few players away to get under the Luxury Tax Threshold once and for all.
By doing such that, they will reset the penalty to a 1st time user.
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Well the Boston Red Sox are finally going to join the Dodgers and Yankees as teams that cross the Luxury Tax Threshold for 2016. This was made possible by recently picking up David Price for 7 YRs at $31 MIL average per year.
Already in 2017, the team is committed for around $162 MIL – and that is without their stalwart DH of David Ortiz anymore. 2018, the salary obligations are at $151 MIL, and the franchise has already lumped $139 MIL on the books fr the 2019 cash.
This is a leap of faith for the franchise, as they were always reluctant to pay top dollars for Free Agent Pitchers.