"A New York Treasure" --Village Voice

New York Minute

The green on the trees, that green is popping; the flowers, even those you see planted on the street, are vibrant.

The city feels so cheerful, hopeful, this time of year.

Categories:  New York City Pictures  New York Minute  NYC

Tags:  spring  spring flowers

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1 OldYanksFan   ~  Apr 27, 2012 1:00 pm

Hey guys.... I need some help here. I have reviewed the new CBA agreement, to see just how critical the 2014, #189m magic number is: Here is what I see.

1) The current agreement goes thru 2016, so there would be 3 years effected, 2014, 2015 and 2016.

2) If the Yankees meet the $189 threshhold, the 'Tax Clock' is reset. So in 2015, the 'new' Tax would be 17.5%, if over $189m and 30% in 2016, if over... instead of 50%.

3) So, using the following scenerio, where they meet the threshold in 2014 and then increase their payroll back up to $219 for the next 2 years, vs having a $219m payroll for all 3 years.

2014: $189m = $00m x 0.00% = $0000m tax vs
2014: $219m = $30m x 50.0% = $15.0m tax
Savings = $15.0m

2015: $219m = $30m x 17.5% = $5.25m tax vs
2015: $219m = $30m x 50.0% = $15.0m tax
Savings = $9.75m

2016: $219m = $30m x 30.0% = $9.00m tax vs
2016: $219m = $30m x 50.0% = $15.0m tax
Savings = $6m

So... over 3 years, the total savings is $30.75m
or about $10.25m/yr.

Is that it?
Are there any other implications to meeting the threshold?
I thought the savings was more.
Close to $31m might be made with one WS Win.

Am I missing something?????
$10m/yr doesn't seem that huge.

2 RagingTartabull   ~  Apr 27, 2012 1:17 pm

we lost Moose Skowron, damn.

3 OldYanksFan   ~  Apr 27, 2012 1:44 pm

"...police arrested [Delmon] Young, a slugger for the Detroit Tigers, and charged him with assault after a fight early Friday... the assault charge counts as an aggravated hate crime... Young started yelling anti-Semitic epithets, police said.

I'm glad the Yankees have been staying away from questionable characters lately.

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