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Yankees Looking To Lower $210 Million Payroll By $21 Million

payroll yankees

The Yankees have the highest payroll in Major League Baseball, but co-owner Hal Steinbrenner wants to start shaving down in order to meet the new threshold for the luxury tax as stated in the league's most recent collective bargaining agreement.

Currently, the team's payroll is $210 million (holy smokes!) thanks to buying up talented free agents like Alex Rodriguez, Derek Jeter and CC Sabathia. Starting in 2014, teams with payrolls exceeding $189 million (instead of the current $179 million) will have to pay

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