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Yankees payroll stands at 140 million


Cerbaho-WG

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the owners had their chance and blew it..they should have forced a strike and held out for a hard salary cap and a 50% share in tv and merchandising revenue instead of the 22% it is at right now...because the owners didnt have the balls to take on the union it will be business as usual for atleast the next 4 years

 

you want change??...it wont come until we get a hard salary cap...something about a baseball team that drives good business men to make moronic financial decisions that ruin it for everyone

 

 

If the owners had forced a strike, Major League Baseball, as we know it today, would no longer exist. The fans told both sides, if baseball stops... we walk. They got the message.

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From the ESPN website:

 

"Now that baseball owners are operating in the times of a luxury tax, Lucchino called the Yankees' acquisition of Contreras ludicrous. According to a report in Wednesday's New York Times, the Yankees' payroll now stands at $158 million -- well above the $117 million tax threshold.

 

The Yankees current tax on their $158 million payroll would be $7.2 million (The tax rate on the first time over the threshold is 17.5 percent)."

 

There's reality for you... if anyone thinks $7.2 Million is going to stand between King George and a championship... think again.

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