ST Alpha - "This was my thought. The Yankees are spending like there's no salary cap. -- nm" (Reading a Post)

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In response to "so are they now like 60 million over the cap? -- nm" by groiny

This was my thought. The Yankees are spending like there's no salary cap. -- nm

Posted by Mop (aka rburriel) Dec 12 '19, 09:11

(No message)

Responses:

They actually aren't *that* high at the moment. - Will Hunting Dec 12, 09:25 5
- god that Cole number is going to look like that Ellsbury number in 5 years. -- nm - groiny Dec 12, 09:31 4
  - THey clearly are betting he's a Max or Verlander. - Will Hunting Dec 12, 09:34 3
    - it is possible, but he was barely an all-star level pitcher in his years in Pirateville. - groiny Dec 12, 09:56 2
      - I'd say Houston figured it out for him ... he's not going to forget what their analytics told him worked best. - Will Hunting Dec 12, 10:04 1
        
        "The Astros showed Cole that his upper-90s, four-seam fastball was harder to hit up in the zone." -- (link) - JD Dec 12, 10:14
they'll just pay the luxury tax -- nm - decline Dec 12, 09:13 6
- This occurred to me, too. What happens if you exceed the salary cap? Do you just pay a fine? -- nm - Mop Dec 12, 09:15 5
  - it's a graded tax, something like up to $20M over at 32%, up to $40M over at 40% (or something like that) -- nm - decline Dec 12, 09:17 4
    - Multiple years over it raise the penalities too. - Will Hunting Dec 12, 09:35 1
      - right (I forgot about that part) -- nm - decline Dec 12, 09:44
    - *increases ticket prices... still sells out every game* -- nm - Mop Dec 12, 09:26 1
      - Their revenue is north of $600M/year - I'm sure they'll be just fine -- nm - decline Dec 12, 09:28

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