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AP: Yankees Will Pay Record Luxury Tax

Thursday, April 21, 2005 8:13:12 AM
By RONALD BLUM

New York Yankees Randy Johnson delivers a pitch  in the second inning against the Tampa Bay Devil Rays at New York's Yankee Stadium Tuesday April 19, 2005.  (AP Photo/Frank Franklin II)NEW YORK (AP) - The struggling New York Yankees will be hit with a record luxury tax this year. Initial projections by the commissioner's office based on opening-day rosters have the Yankees owing $30,637,531, according to information obtained this week by The Associated Press.

The only other team projected to owe a tax is the World Series champion Boston Red Sox, who would pay $969,177.

Going into Wednesday night, the Yankees were just 5-9, tied with Tampa Bay for last place in the American League East.


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