The Yankees decade of luxury tax payments
Posted by: Chad Jennings - Posted in Misc on Dec 18, 2012 
Print This Post
| 
Email This Post
In connection with today’s story on the Yankees luxury tax bill for 2012, the Associated Press sent the following two paragraphs and chart, detailing what exactly goes into a team’s total payroll figure and outlining the Yankees payroll for the past decade.
(The following is) the New York Yankees’ payroll for luxury tax purposes each year, and the team’s tax, as compiled by the commissioner’s office, and the percentage tax rate the team paid on its overage.
Payrolls are for 40-man rosters and include averages of multiyear contracts plus a 1-30th of Major League Baseball’s costs of health and pension benefits; clubs medical costs; insurance; workman’s compensation, payroll, unemployment and Social Security taxes; spring training allowances; meal and tip money; All-Star game expenses; travel and moving expenses; postseason pay; and college scholarships.
The trade value of elite prospects seems to be dropping, writes Geoff Baker of the Seattle Times, thus hurting the Mariners’ chances of using their top minor leaguers as trade chips to acquire proven big league talent.
Read more at http://www.mlbtraderumors.com/#bMM8Og4FsxxDCZwt.99
*****
Finally the bubble is starting to burst – - – -
mick December 18th, 2012 at 7:18 pm
shame….say he gets 200m wherever he goes or stays.
why would he take the same money here over a longer period of time when he can get it elsewhere in say 1/2 the time then go for another contract?
—————
He can’t get $200 million dollars in 1/2 the time anywhere else. Not even in LA.
He’d be risking quite a bit.. if I give him an opt out clause it’s a two-way opt out clause lol. The most Cano gets from me is a no trade to protect him at the end of the deal.
If the Dodgers are willing to give him a front loaded $200 million dollar pact AND let him opt out after 4 years, then they can have him. ……F*ck the Dodgers, they’ll probably try some crazy sh*t like that.
Ohh, here’s a crazy plan: Give him an opt out after 5 years but set it up so a no-trade doesn’t kick in until year 6 lol. If it looks like he’ll have a better market in before year 5 begins, move him!
can’t say i blame hal for hating that LT…
2003 lux tax penalty 17.5 %
2012 lt penalty 42.5 %
It’s only going to go up further
not any more…
Here’s a plan – give me Cano for next season ( we’re a touch short at second ) and u can deplete my reserves.
P.S.,…I have no decision making abilty.
shame, cano would have 10/5 ntc rights before then
Here is the problem with say a 200 / 12 deal with an opt out after 5
Lets presume the Yankees super front load it as you suggest.
First 6 years = 160 million, last 6 years = 40 million
The AAV of the first half is 26.7
The AAV of the whole thing is 16.7
When Cano opts out after 5, the Yankees will be hit in that next year with a salary of 50 million in ‘avoided’ tax. So they’d basically be using up a third of their payroll, and probably pay a huge LT fee, just for the chance to help skirt the luxury tax in those other years. It may not be worth it.
I’d do it though. If you get under you’re potentially only paying 17.5 on that 50
I’m not advocating an opt out. I think if you go $200 million you either are all in or you’re not. No opt outs.
mick is the one insisting he has one so I’m entertaining it… why, I don’t even know lol.
I prefer just the idea of straight up doing a 12 year deal for $200 million.
I don’t think he’d take that if he got close money for less years, unfortunately. Its why those super long deals are never realistic
If he’s hung up on getting an opt out as a part of that deal, I think you just need to walk away. But I dunno that it would need to be a part of the deal.. Obv I have no idea what Cano is thinking but I think a front loaded long term deal is the best bet at keeping him.
Forget 7 years.. you’re never getting a decent AAV at those years.
Blake was thinking the Jays will sign Soriano – everything here spells,….they’re spent.
I believe in Casey Jansen’s sensibilities; what I do think they require is people like Oliver to stick around and also another long reliever ( Villeneuva? ) and maybe another one out wonder.
I can’t tell what he’s market will be… I dunno if it’s $200 million or if he can realistically get $250 million.
If he can get $250, then I am out of ideas for how to make it work unless he’d go for 15/250.
If the Dodgers weren’t masquerading as the Yankees right now my plan would work!!
Btw, JF, is there anything in the CBA that guards against heavily front or back loaded deals?
Why don’t you hire Soriano? Back up if Mo is problematic.
I prefer just the idea of straight up doing a 12 year deal for $200 million.
=====================
But I’m sure Boras won’t…
mills i posted the 2 waltzing matildas on last thread
Btw, JF, is there anything in the CBA that guards against heavily front or back loaded deals?
–
Well besides AAV & getting owned if you have some kind of opt out? No. You can proportion the deals anyway you want, you can’t change the AAV
Mick, will back check like a good Stevie Yzerman. ( Nobody was better than Bob Gainey )
mick December 18th, 2012 at 7:50 pm
I prefer just the idea of straight up doing a 12 year deal for $200 million.
=====================
But I’m sure Boras won’t…
—————-
Boras would prefer a $300 million deal.
Boras can’t get everything he wants. Cano is going to make a decision based on (very likely) 2 things: money and team/location.
Cano is going to have to decide between a sh*t load of money in NY where he grew up or in LA. If the Dodgers offer $40-50 million more than we do, he’s as good as gone anyway. But I don’t know that a make-or-break factor will be an opt-out. Could be of course.. but my heart can only take so much speculation right now.
Jerkface December 18th, 2012 at 7:52 pm
Btw, JF, is there anything in the CBA that guards against heavily front or back loaded deals?
–
Well besides AAV & getting owned if you have some kind of opt out? No. You can proportion the deals anyway you want, you can’t change the AAV
————–
The NHL CBA was similar until the Devils took it to the extreme and the league got made and changed the rules without actual collective bargaining negotiations.
I still think it might be our only chance at keeping him. Maybe 12/225.
mad*
Like..
If Cano takes the highest offer then I doubt he will be a New York Yankee beyond 2013….
He may give them a discount….but even with the discount he is likely to cost more than they should pay him.
I was hoping back during the season that they could negotiate an extension that would be about 6/120 added on to his option year….so the total deal would be roughly 7/135…..that’s out now….he’s going to free agency and barring injury Boras will probably get him around 8/200 if not more….
So be prepared to pay that Yankees. (And be prepared to eat it when he declines)….or position yourselves to let him go
@JimBowdenESPNxm: Padres are out on Edwin Jackson after refusing to go to 4 years….destination down to Cubs and Rangers
Jackson is probably gonna be a decent bargain for somebody
Mick, thanks for the music as always,…gonna’ share it with my daughter!
You really gotta figure out what he’d demanding in an overall number. Once you have that amount it’s a lot easier to figure out (said Captain Obvious).
If he’ll take $225 you can make that work over 12 years without it killing you. That wouldn’t even be a $20 AAV.
If the Dodgers are ready to go $250.. we’re probably screwed.
..But if I’m the Dodgers I’d rather wait to invest in Andrus
Hehe, who am I kidding, if I’m the Dodgers I sign both
“Hobbit should be fine for a 7 year old. There is a little bit of violence, nothing more than Lord of the Rings”
should be fine for mick
I’m a Canadian who doesn’t care about hockey right now,……thank little goddess.
I was able to youtube a video of Marcel Dionne talking about the present state of your present NHLer.
” They’re spoiled. “
jmills December 18th, 2012 at 7:53 pm
( Nobody was better than Bob Gainey )
///
except for Walter Tkaczuk
Alfred,… I like the Last Waltz too!
Robbie Robertson et Big Al!
jmills December 18th, 2012 at 7:53 pm
( Nobody was better than Bob Gainey )
///
except for Walter Tkaczuk
_____
Jari Kurri says hello.
should be fine for mick
================
it was. i slept thru parts but saw enough of it…
jmills, what you like about guys like Tkaczuk is they never delivered the thundering hits, they simply tied you up in seaweed all game long. You could smell what they had for lunch
Hi yf! Yeah, I’d like Jari on my team as well. Why not?
– best to you and yours!
Alfred,….that sounds horrible! We’re much better than that!!!!!!
only randy should watch this one:
http://www.youtube.com/watch?v=BnDH-RXCptY
Jari Kurri says hello.
///
Fem, Kurri was definitely worthy. He also was the silent type, and once the puck was turned over, his transition to offense was ridiculous. Jari Kurri was one of the all-time great 2-way forwards the game ever saw. For shooting accuracy, i’d have to say it was between him and Mario (the latter is a greatest pure goal scorer I ever saw, and tied with Gretzky for greatest player ever).
Players like Kurri didn’t get enough credit, probably, because they were always in position and were just surgical, especially defensively, that they went unnoticed. Good call
.
please no hockety talk allowed here…..against Toss rules or something..
Kurri destroyed the Boston Bruins in the ’90 Cup finals. A well meaning friend of mine, who rooted for the Bruins because he roots for all Boston teams but who was no seasoned hockey fan, said: “The Bruins should be ahead in this series. It’s just that every time that No. 17 guy shoots, it happens to go in.”
This was said with the utmost sincerity
.
mike and sour shoes doing mad dog and sterling:
http://www.youtube.com/watch?v=yf6VFTSa9OE
Mr. Mills, Davey Keon wasn’t bad, either. You should be proud
http://www.youtube.com/embed/K.....#038;rel=0
Here you go
http://www.youtube.com/watch?f.....&NR=1
mike falls asleep
That you in the Rush t-shirt? Lol