The Dodgers ($31.8 million) and the Yankees ($27.4M) lead the way of the record six MLB teams set to pay the luxury tax.
Alex Rodriguez says he'll retire at the end of the 2017 season after playing out his contract with the Yankees. "It is time for me to go home and be Dad," he said.
Forbes estimates the New York Yankees are worth $3.4 billion, up 6 percent from last year and the highest evaluation for the 19th straight year.
Aroldis Chapman apologized only for his "bad judgment" in using a gun and repeatedly said he never hurt his girlfriend during an alleged domestic violence incident in October.
Aroldis Chapman became the first player to accept a suspension under MLB's new domestic violence policy. The 30-game ban will cost him $1,856,557 in salary.
Yankees pitcher CC Sabathia, in his first remarks to the media since seeking treatment, says he first realized three years ago he was an alcoholic.