Yankees Avoid Luxury Tax for First Time

[ PHOTO: ELITE SPORTS NY ]

September 12, 2018

Associated Press

The Yankees’ updated luxury tax payroll is $192.1 million, an increase from $178.8 million at the season’s start. Even with possible performance bonuses of $500,000 for pitcher CC Sabathia and $125,000 for infielder Neil Walker, plus the addition of nearly $3,000 a day for each September call-up on expanded 40-man active rosters, the Yankees are set to finish below this year’s $197 million threshold.

New York has paid the tax in 15 straight years, a total of $341 million.

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