Monday, December 21, 2009

Johnny Damon More Expensive Than Originally Thought

One thing to keep in mind when considering the Yankees’ unwillingness to meet Johnny Damon’s price – and one thing I failed to mention in my recent column about the free-agent outfielder:

The luxury tax.

The threshold next season will be $170 million. The Yankees will surpass that number and, as a repeat offender, pay a 40 percent penalty on every dollar they are over.

Fox Sports

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