Their luxury tax payroll currently sits around $307 million to $308 million, which is above the highest tax threshold of $301 million.

Even though the Yankees already project to a luxury tax payroll of roughly $305 millio, they should count themselves fortunate that Jose Iglesias is still available in free agency.

Baseball’s never-ending battle between billionaires and millionaires has found its latest battleground, and—surprise, surprise—Hal Steinbrenner is right in the thick of it. The post Hal Steinbrenner Accused of Selfish Motives After Being Caught in the Middle of Players Association & MLB Tussle appeared first on EssentiallySports.

New York Yankees owner Hal Steinbrenner revealed Friday his motivation behind changing the team's long-standing policy on facial hair and why it was time to change.

Yankees owner Hal Steinbrenner touched on the 2025 payroll during a news conference to detail the club's new appearance policy.

Chris McMonigle says Yankees owner Hal Steinbrenner’s comments on winning and payroll not being directly correlated were ridiculously off the mark.

The Yankees amended their facial hair policy after it had been a topic of internal conversation for around 10 years.

Steinbrenner’s willingness to adapt to the shifting sands is a recognition of reality. Times have changed. The Yankees can no longer rely on their aura, their tradition of excellence and their bottomless caches of cash to nab top free agents. Every advantage — and disadvantage — matters.

The New York Yankees announced Friday morning that they are altering their longstanding facial hair policy. Players and uniformed personnel will now be allowed to have "well-groomed beards," team chairman Hal Steinbrenner said in a statement.

Current owner Hal Steinbrenner, son of George, announced the change Friday before the team’s spring training opener.