The New York Yankees are desperately trying to stay below the third luxury tax threshold, otherwise known as the “Steve Cohen tax.” With the next threshold settling in at $293 million, the Yankees currently have a projected $290 million in allocated salary after arbitration. With that being the case, offloading a few big contracts would be advisable, but it is easier said than done.
The Bombers have gone on a spending spree regardless this off-season, returning Aaron Judge on a nine-year, $362 million deal and inking star pitcher Carlos Rodon to a six-year, $162 million contract.