Wasn't the luxury tax argument made by the Red Sox last year when the Yankees snatched Abreu from them for a 1 year contract. Then the hypocrites went and committed $70 million / 5years to Drew. I guess that doesn't trip the luxury tax that Abreu would have tripped?
I hear your argument, but it is not one the FO spinmeisters have the courage to make in light of their spending habits. Is it a bad business move for the Yankees if it helps them finish ahead of us and knocks us out of the playoffs? If it helped us knock the Yankees out of the playoffs and given us a shot at the Championship, it would be a bad business move? Do you have an intimate knowledge of the team's finances, because no one else does?
Bottom line is that the Yankees made the smart baseball move for their team. That's all we know. You, as I, know nothing about their finances other than what they leak to the press, so shut up with your financial argument. It's nothing more than whining and sour grapes.