Back of Newsday - " Yanks do squat"
That said, it's interesting that Hal and the Red Sox owners are on the committee hammering out the new CBA.
Neither club has spent much.
There is talk now of lowering the Luxury Tax threshold to $180 million dollars with harsh penalties. The Mets are at $255 right now.
Hal would love the Yankees to take the Rays model and compete every year with a minimum payroll.
He should probably fire Cashman then and hire the Rays front office.
I read an article a few days ago about the Yankees payroll and revenue. Don't quote me on the exact figures but it was something like this. 2005 payroll was 205 million, their revenue was 243 million, 2020 payroll was 209 million, their 2019 revenue was 637 million. They're making insane profits, just not spending it.
I have held out on buying tickets until I see what they do. I refuse to buy ANY if there aren't big changes.
Regarding the tax threshold, wouldn't the owners have to allow Mets to operate under current threshold based on the moves they made in this current agreement? How could they be penalized for technically not knowing the exact number? They could argue that and how they're trying to be competitive, right?