I'm not saying that won't happen, but the Yankees have serious luxury tax problems.
They're currently going to pay a 50% tax in 2013 (and every subsequent year) if they exceed the threshold. Under the new CBA, they'll reset to 17.5% if they get under the cap for one year. They'll also get money back from revenue sharing that they're currently penalized for being over the threshold as well.
So basically, if the cap's $190 million, the Yankees can either (a) get below $190 million and reset themselves or (b) stay up at at $215 million or so where they've been the last couple of years and really pay more like $250 million.
To be clear, what you mean to say is that they would pay 50% on amounts OVER the threshold of $189m or whatever it is for 2013, not on the entire amount.
In your example, if the threshold is $190m and they are at $215m, they would pay 50% of the delta ($25m x 0.5= $12.5m), or $12.5m, for a total of $227.5m. Doesn't seem much of a penalty to me, am I missing something?
Here's a discussion about the Yanks and the threshold situation, but it isn't clear either.
http://www.fangraphs.com/blogs/index.php/the-effects-of-the-luxury-tax/
