The CBT has increasingly become an issue for Yankees owner Hal Steinbrenner. As it stands, the Yankees are a fourth-time CBT payor and expected to pay north of $43 million in luxury tax, according to Cot’s Baseball Contracts.

A top MLB insider explained his bewilderment at the New York Yankees deciding to pass on a pursuit of a specific player still in free agency.

Don't expect the New York Yankees to match the Los Angeles Dodgers in spending anytime soon, judging from their controlling owner's recent comments. Yankees chairman Hal Steinbrenner responded to the Dodgers' run of recent signings,