stack of money

Yankees hit with $18.9 million luxury tax bill

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According to the Associated Press, the Yankees will pay a luxury tax to MLB for the 10th consecutive year.

The Yankees finished with a $222.5 million payroll for the purposes of the tax, well above the $178 million threshold. They were charged at 42.5 percent of the overage, so they’ll owe $18.9 million to MLB. No other team will pay a luxury tax for their 2012 payroll.

This year’s fee is up from the $13.9 million tax paid by the Yankees last year. The club has racked up a luxury tax bill of $224.2 million over the past decade, but the streak may not continue for much longer. The Yankees are currently trying to get their payroll under the new $189 million luxury tax threshold beginning in 2014, which is a big reason why general manager Brian Cashman has tried to hand out one-year deals this offseason. Ichiro Suzuki’s new two-year, $13 million deal is an exception, though they only went there because he received multi-year offers elsewhere.

The Red Sox paid the luxury tax in 2010 and 2011, but they fell just $47,177 short of the threshold this year. August’s mega-trade with the Dodgers gave them just enough breathing room.

Report: Phillies close to signing Joaquin Benoit

ANAHEIM, CA - SEPTEMBER 15:  Joaquin Benoit #53 of the Toronto Blue Jays pitches during the seventh inning of a game against the Los Angeles Angels of Anaheim  at Angel Stadium of Anaheim on September 15, 2016 in Anaheim, California.  (Photo by Sean M. Haffey/Getty Images)
Sean M. Haffey/Getty Images
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Jim Salisbury of CSN Philly reports that the Phillies are close to signing free agent reliever Joaquin Benoit. An announcement is expected before the winter meetings end on Thursday.

Benoit, 39, has quietly been among the better relievers in baseball over the past seven years. This past season with the Mariners and Blue Jays, the right-hander put up an aggregate 2.81 ERA with a 52/24 K/BB ratio in 48 innings. That included a 0.38 ERA in 23 2/3 innings after the Jays acquired him from the Mariners.

Benoit suffered a torn calf muscle during a benches-clearing brawl with the Yankees near the end of the regular season. He’s expected to be healthy for spring training.

The Phillies have now added three relievers this offseason with Benoit, Pat Neshek, and David Rollins.

Report: The new collective bargaining agreement reduces players’ meal money

ADVANCE FOR WEEKEND EDITIONS, JAN. 18-19 - This Jan. 15, 2014 photo showing new baseball union head Tony Clark during an interview at the organization's headquarters, in New York. Clark has big shoes to fill _ and not just as Michael Weiner's replacement as head of the baseball players' union. Moving from Arizona to New Jersey, the former big league All-Star also needed to find size 15 snowshoes.  (AP Photo/Richard Drew)
AP Photo/Richard Drew
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ESPN’s Pedro Gomez provides a previously unreported detail of the new collective bargaining agreement, agreed to by the owners and the players’ union last week. Players’ meal money for road games is being reduced from $105 to $30 per day. Teams are providing pre- and post-game meals in the visitors’ clubhouse to offset some of the decrease in meal money.

Gomez quotes an unnamed player who said, “I doubt many guys know about the money going down, nor would they have agreed to it.” All of the players Gomez contacted said they were unaware of and unhappy about the change.

Clubhouse attendants are certainly unhappy about this change, too. As Gomez notes, the attendants previously provided food for visiting teams which earned them tips from the players.

EDIT: It’s worth clarifying that chefs are required in clubhouses now as part of the new CBA, so it’s not a complete loss for the players.