Count Michael Weiner among those skeptical of the New York Yankees’ stated plan to reduce payroll next year.
Yankees managing general partner Hal Steinbrenner says the team wants to get under the $189 million luxury tax threshold in 2014. That means the player payroll would have to be about $178 million at most, using average annual values of contracts, since the total for the tax will include at least $11 million in benefits such as the pension plan.
“I can’t say it concerns me,” the players’ association head said Wednesday after meeting with Yankees players during his tour of the 30 spring training camps. “I imagine that Mr. Steinbrenner is sincere when he says that, but like a lot of things, I’ll believe it when I see it.”
...“We knew when we negotiated the last Basic Agreement that there were certain incentives build in for the Yankees to drop their payroll,” Weiner said. “If the Yankees decide to drop their payroll to do that, I’m not concerned because they’re dropping their payroll to put themselves in position to greatly increase their payroll the next year, and that incentive was understood.”
Posted: February 28, 2013 at 06:24 AM | 58 comment(s)
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