The New York Yankees have a big incentive to make the playoffs: more revenue to help them pay their luxury tax. ST.
|Scooped by Brendan Griffiths|
1. From this article I learned a lot about the way that the luxury tax and salary cap in major league baseball works. It has alwasy been something that has confused me a little bit about the sport however this article helped me understand the idea better. It also gave me some insight more specifically into the Yankees and Astros organization.
2. What I found interesting about this article is the desparity that you can find between one baseball team to the next. It's really mind boggling to think that a team like the astros can have a payroll equivalent to the luxury tax present in the yankees organization.
3. What forced me to select this article was really the title. Seeing a title like that really drew me in "Yankees Luxury Tax Will be Twice the Size of Astros Payroll". I am also a fan of the Yankees, being from New York so I was also interested to read an article that pertained to the Yankees.
4. This article will definitely help me in the sports management industry because of the amount of information that the article provides about the financial aspect of the baseball world. It will definitely be important if I would ever like to enter the proffesional baseball industry in the managerial staff or financial team.