Yankees rumors indicate the team is ready to violate the spending limits for international free agents. These New York Yankees rumors stem from interest that the team has in international amateurs this year. According to a report from CBS Sports on Monday (Dec. 30), it looks like the team will spend about $12-15 million in bonuses and incur an additional $10-12 million in penalties for these moves.
There are rules in place that limit the amount of money that each franchise can spend on international players during the summer and it is expected that the team will be allotted $2-3 million. By spending more than that, the team is taxed in a matching format, with $1 of tax added to every dollar spent. It will also keep the team from spending more than $300,000 on any player for the next two years. So the team is basically going all-in on the 2014 class and risking the 2015 and 2016 class to do so.
These latest New York Yankees rumors might fans of every other team, especially because it seems like there is no actual limit to how much money the team can decide to spend. It also seems like a contradiction to statements made by the front office that the team was looking to curtail spending over the next few seasons. It's certainly the case that some great players can come from international free agency, as stars like Robinson Cano and Mariano Rivera have come to the team through this format.
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