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Yanks' payroll reaches $150M with Soriano deal

Updated: March 13, 2003, 1:55 PM ET
Associated Press

FORT MYERS, Fla. -- The New York Yankees became the first major league team with a $150 million payroll when they renewed the contract of second baseman Alfonso Soriano at $800,000 Tuesday.

New York's payroll is $150,360,993 for 24 players likely to be on the Opening-Day roster plus pitcher Jon Lieber, who will be on the disabled list.

Yankees general manager Brian Cashman made the announcement after meeting with Soriano following New York's 7-4 win over the Boston Red Sox ...

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