On December 19, 2014 — The Dodgers end the Yankees’ fifteen-year streak of owning Major League Baseball’s biggest payroll. When the luxury tax calculations are in for the year, the Dodgers owe $26.6 million, based on a payroll of $257 million. The Yankees also need to pay the tax levied on payrolls above $189 million, and their bill is $18.3 million, down from $28 million in 2013.
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Sources:
Baseball Reference December 19