Yanks' luxury tax decreased
The New York Yankees lowered spending on players by $12 million this year, cutting payroll by $5 million and slashing their major league-leading luxury tax by more than $7 million.
New York was hit with an $18 million luxury tax Tuesday by Major League Baseball. The tax was New York's lowest since 2003 and down from $25.7 million last year, when the Yankees won the World Series.
"Atta baby. And right now we're in the $170s," Yankees general manager Brian Cashman said, looking ahead to his 2011 payroll.
Season-ending payroll information and the tax was sent to teams Tuesday and obtained by The Associated Press.
Boston is the only other team that will have to pay. The Red Sox, who missed the playoffs this year, exceeded the payroll threshold for the first time since 2007 and owe $1.49 million.
JC transfer to play at UB
Wyatt Cahill, a defensive end from Tempe, Ariz., has signed a letter of intent with the University at Buffalo and will enroll in January.
Cahill played for two seasons at Scottsdale Community College and had 30 tackles, including nine for loss, and four sacks in eight games. Cahill's uncle, David Cahill, played in the NFL in the late 1960s.
Pacquiao signs to fight Mosley
Manny Pacquiao plans to fight Sugar Shane Mosley in his next bout May 7 in Las Vegas. Promoter Bob Arum told The Associated Press on Tuesday night that the deal will be done after Mosley's lawyers approve the final paperwork for the WBO welterweight title fight at the MGM Grand Garden Arena.
Arum says Pacquiao chose the bout because Mosley is the most accomplished and famous boxer in the field of candidates, which included Juan Manuel Marquez and welterweight champion Andre Berto.
From News and wire service reports.