The New York Yankees reportedly may take the luxury tax threshold into account when making deals ahead of the Aug. 1 trade deadline.
According to Ken Rosenthal of The Athletic, New York is $1.1 million above the highest luxury tax threshold of $293 million, and remaining above that number is punishable financially through a tax, plus the Yanks' first-round pick would be pushed back 10 slots next year if they can't get under $293 million.
While the expectation is that the Yankees will be buyers at the deadline, sources told Rosenthal that the team's decision-makers could be "influenced" by the luxury tax situation and compelled to move pieces in and out rather than going all in as a buyer and throwing caution to the wind.