whatever happened with bryce harper contract

Whatever happened with bryce harper contract free#

With the gap between the richest and poorest teams as significant as ever, they could give even more, something they’ll surely resist. The Yankees give more in revenue-sharing dollars than every other team, and it’s not particularly close. High-earning teams pay what amounts to another 14 percent on top of that. Currently, the tax rate assessed to every team is 34 percent of local revenue, and that pool is split evenly among the 30 teams. New York has no idea what percentage of its revenue it will be sharing with lower-revenue teams. And with baseball ready to begin negotiating a new collective-bargaining agreement soon, the unknown is palpable. 2 is every bit as important: the fear of the unknown.

Whatever happened with bryce harper contract free#

1 (to pass on free agents) was minimal profit, No. That is not a lot, not when New York’s revenues exceed the second-place Dodgers’ by more than $100 million. The Yankees’ yearly revenues in the most recent franchise valuations by Forbes were $508 million, and their operation income – money in the black – was $8.1 million. And it’s best to start with two numbers: $508 million and $8.1 million. Now, we’ll get to that, though first it’s imperative to understand how and why the Yankees are looking years down the road when deciding to sit out this offseason. Last week Jeff Passan had some details on New York’s financial situation: Getting under the tax threshold potentially equals tens of millions of dollars saved. Doing so would reset the team’s tax rate and entitle the Yankees to some revenue sharing rebates. want to get under the luxury tax in the near future, and those expiring deals will help the Yankees accomplish that goal. Possibly Masahiro Tanaka ($22.1M) as well if he stays healthy and opts out of his contract.

Mark Teixeira ($22.5M per year) and Carlos Beltran ($15M) will come off the books next offseason, then CC Sabathia ($23.4M) and Alex Rodriguez ($27.5M) will join them the following year. Next offseason the Yankees are going to start to shed some of their expensive long-term contracts.

They have taken on some money in the Starlin Castro and Aroldis Chapman trades - about $23.5M for luxury tax purposes in 2016 - but otherwise they’ve limited their spending. (Presswire)Īs you know, the Yankees are the only team in baseball that has not yet signed a Major League free agent this offseason.

Prospect Profile: Chance Adams Right ballpark, wrong uniform.