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Examples
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Team officials told the Journal they believe there are significant cost-savings possibilities in the new CBA if the team can keep its payroll down in the next few years—so the Yankees would seem loath to take on significant new long-term contracts that would keep them over the luxury-tax threshold.
An Unusually Quiet Yankee Winter Daniel Barbarisi 2011
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The luxury-tax changes are also a mixed bag for the big clubs.
Baseball's 'Fairness' Doctrine: Yawn Daniel Barbarisi 2011
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The moves break the league's salary cap and will require a $19 million luxury-tax payment to the NBA, wiping out any chance at an operating profit in the arena's inaugural year.
Orlando's Magic New Kingdom David Whelan 2011
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The new system has cost the Yankees dearly the club paid $174 million in luxury-tax payments from 2003 to 2009, according to Wayne McDonnell, professor of sports management at New York University but it hardly has slowed them.
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The Yankees have been subsidizing the Rays and other teams with their revenue-sharing and luxury-tax payments, Steinbrenner says, so they should be thanking the Yankees.
Younger Steinbrenner a chip off the old Boss since taking reins 2008
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There also are growing talks with a few teams that Suns forward-center Kurt Thomas and a pick could be dealt for luxury-tax relief.
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We will always work to put the most talent on the floor relative to the cap, but we won't go above the luxury-tax threshold.
Questions for: Greg Miller Greg Corcoran 2009
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On Wednesday, the NHL presented the idea that a new deal be made using the players 'association's proposal from Dec. 9 that included a luxury-tax system and a 24% salary rollback on existing contracts.
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STARTING POINT: Putting union's Dec. 9, 2004, proposal in effect and playing under that luxury-tax system until one of four financial limits is exceeded.
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The Heat do not want to be a luxury-tax team, and paying O'Neal $20 million annually — a figure some could consider a bargain — should not send Miami over the tax threshold.
USATODAY.com - O'Neal agrees to five-year, $100M deal with Heat 2005
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