Update: The 2012 luxury tax bill:
Tuesday: According to Chad Jennings, MLB screwed up the luxury tax calculation and sent the Yankees a revised bill today. The bill increased by $393,648, so the Yankees now owe $19,311,642. The team’s end of season payroll was revised up to $223,302,212.
Saturday: Major League Baseball has slapped the Yankees with an $18,917,994 luxury tax bill for the 2012 season according to Maury Brown. They were the lone team to pay the tax this season — the Red Sox fell short of the threshold by less than $50k — and their end-of-season payroll for luxury tax purposes was $222,512,928. Payment is due sometime in January.
The Yankees have paid $13.9M, $18M, and $25.69M in luxury tax in the three previous seasons. Since the tax was implemented in 2003, New York has paid over $224M in penalties compared to $22M for the rest of baseball combined. The Yankees will be taxed 50% for every dollar spent over $178M in 2013, but the threshold jumps to $189M in 2014. As you know, the team is going to great lengths to trim payroll and avoid that penalty, which would also trigger some revenue sharing rebates.