Discussion

Yankees, Tigers draw luxury tax charges

Updated: December 23, 2008, 12:18 PM ET
Associated Press

NEW YORK -- The New York Yankees not only failed to make the playoffs, they were hit with their highest luxury tax in three years.

The Yankees were assessed a $26.9 million tax by the commissioner's office on Monday, up from $23.9 million last year and their biggest bill since paying nearly $34 million for 2005.

The Detroit Tigers, who also failed to qualify for the postseason, are the only other team that must pay tax and owe $1.3 million to the commissioner's office.

Checks ...

Read full story

Comments

You must be signed in to post a comment

Already have an account?

MORE MLB HEADLINES