Originally posted on IT IS HIGH, IT IS FAR, IT IS caught  |  Last updated 11/9/12
As part of the Erskine-Bowles deal that Bud "the Rug" See-Lug forced on the Yankees last year, the Steinboys decided they can spend no more than $187 million in 2014. As much as they'd love to go higher, the rules forbid it. They'll have to bank the profits and buy new horses, beach fronts and - in Hank's case - "Hooked on Phonics" tapes. It's a hard, tough decision, the kind billionaires hate to make. Nobody wants to spend more than HankHal, but  the rules are the rules are the rules. We are headed toward the fiscal cliff - and it's not Cliff Johnson. OK, I get it. The billionaires who run MLB - (Never forget: They just claim to be millionaires, so we'll feel sorry for them) - did it again. They initiated a salary cap without ever using the phrase "salary cap." Bravo, Mr. Orwell!. It's the "luxury tax." Didn't Ronald Reagan once tout a "revenue enhancer?" Oh well, by this time next year, the Yankees will have to lop people off the payroll like the way you lop those little twist tab...
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