Yanks Slapped With $26 Million Luxury Tax
Other than the Yankees, Boston was the only team over the limit, getting hit with about $500K in taxes...
On the bright side, it was down from $34 million last year.
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Look at it this way........
less money to spend unwisely.
wonder when & if the Brewers are ever going to spend anything.
this systems making the commish smile, thats for sure. making up for shortfalls in attendance and concessions for his continually (errrr - make that his daughter's / niece's / aunt's / second cousin to his mother's sister's) lousy teams.
small market wonder this system is.
dan synder of the skins had it right.
not for his continual and repeated lousy spending / buying decisions - but for his rancor to other teams that take the shared revenues - but dont put it anywhere but in their pockets.
not on the field, in the stadium, not even a new parking lot.
i've always favored some "voucher system" - wherein the luxury taxes were put in some escrow account - payable only against vouchers submitted by any given team - for expenses directly related to operating expenses - i.e. players, stadium etc.
i.e. - bring the receipt.
obvious chance for fraud - but it would make public the teams handling of the extra money - and not require an IRS audit to determine that it went into three new homes for the owners kids.
by Leader on Dec 24, 2006 8:31 AM EST reply actions

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