Baseball News

The Red Sox will pay a team record $13.4 million luxury tax after failing to make the playoffs, and the Yankees finished with a $6.7 million bill, likely a fraction of what they will pay next year. The Cubs must pay $7.6...

During his first news conference in the Bronx, Cole showed off both impressive knowledge of baseball labor history and the sign he carried to the 2001 World Series to cheer on the Yankees.

The Royals have agreed to a one-year, $3 million deal with Maikel Franco, who will become Kansas City's primary third baseman in 2020, sources confirmed to ESPN.

The players' union has filed a grievance against the Yankees, seeking $21.1 million that was on Jacoby Ellsbury's contract for 2020 plus a $5 million buyout for 2021. The outfielder was released on Nov. 20.

First baseman Justin Smoak, who slumped to a .208 batting average with 22 home runs and 61 RBIs in 121 games for the Blue Jays last season, has reached a one-year deal with the Brewers, a source told ESPN.