According to Bob Nightengale, the Yankees have been hit with a $26M luxury tax bill for the 2015 season. That’s based on an end-of-season payroll of $241.15M. The luxury tax threshold is $189M and the Yankees have to pay a 50% tax on every dollar over the threshold as a repeat offender.
The Dodgers owe a record $43.7M in luxury tax based on their $298.3M end-of-season payroll. They’re only taxed at 40% because they haven’t been over the threshold as many consecutive years as New York. The previous luxury tax record was $34.1M by the 2005 Yankees.