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NEW YORK -- Derek Jeters new contract has increased the Yankees luxury tax payroll to $97. David Montgomery Womens Jersey .71 million for seven signed players next year. That leaves New York with about $80 million to spend on the rest of its roster if the team wants to get under the 2014 tax threshold. Jeter and New York agreed Friday to a $12 million, one-year contract. Major League Baseball determined its value for purposes of the luxury tax is $12.81 million. The Yankees captain, injured for most of this year, was playing under a three-year contract with a player option for 2014 that wound up being worth $9.5 million and was replaced by the new salary. Baseballs luxury tax uses the average annual values of contracts as defined by the sports collective bargaining agreement. Determining Jeters payroll figure for the tax is complicated by the option and the new salary, and New York may contest his 2014 evaluation. The Yankees want to re-sign free agents Robinson Cano, Curtis Granderson and Hiroki Kuroda, and need to fill roster holes after missing the playoffs for just the second time in 19 years. The team figures to be interested in free-agent pitchers and catcher Brian McCann. Managing general partner Hal Steinbrenner has said getting under the $189 million tax threshold for 2014 is a hope but is not essential. "Its a goal that we have if its possible," general manager Brian Cashman said last month. "Theres a lot of benefits to staying under that, but its not a mandate if its at the expense of a championship run. It just depends on what the opportunities are before us, and the costs associated with it." New Yorks other signed players are Alex Rodriguez ($27.5 million), CC Sabathia ($24.4 million), Mark Teixeira ($22.5 million), Ichiro Suzuki ($6.5 million), Alfonso Soriano ($4 million) and Vernon Wells ($0). The impacts of Soriano and Wells on New Yorks luxury tax payroll were reduced because of cash being paid by their former clubs attributable to 2014. The Yankees will receive $18.6 million from the Los Angeles Angels as part of the acquisition of Wells last March and $13 million from the Chicago Cubs as a result of Julys deal for Soriano. Rodriguezs payroll impact for 2014 would drop to $2.5 million if arbitrator Fredric Horowitz upholds a 211-game suspension imposed on the third baseman by MLB for alleged violations of the sports drug agreement and labour contract. Rodriguez, who is contesting the discipline, has a $25 million salary for next year, and the Yankees would not have to pay him for any period he is suspended. Payrolls for the luxury tax include the entire 40-man roster and a 1-30th portion of the cost of benefits and extended benefits for all major leaguers. That category totals items such as health insurance premiums, pension payments, club medical costs and payroll, unemployment and Social Security taxes. The 2013 figure will not be completed until next month. For 2012, each teams payroll was assessed $10,779,500. New York has paid luxury tax for every season since the provision was put in place for 2003, a total of $224.56 million. The Yankees will pay again for 2013, when the threshold was $178 million. But there are large benefits if the Yankees get under the threshold in 2014. The teams tax rate would drop from its current 50 per cent to 17.5 per cent in 2015, and New York would be eligible to get back a portion of its revenue-sharing payments. Anthony Miller Youth Jersey .Y. - Urijah Faber walked out on a Madison Square Garden stage in a Wes Welker jersey, the UFCs fun nod to that other "super" show this weekend. William Perry Youth Jersey . Week 2s biggest games include Florida facing Miami and Notre Dame travelling to the Big House to conclude their rivalry against Michigan in primetime on TSN2 and TSN 1050.With less than one week to go until the March 5 NHL trade deadline, TSN Hockey Insider Pierre LeBrun has the latest on Ottawas Chris Phillips, Vancouvers Ryan Kesler, and the Rangers Ryan Callahan and offers some insight on their situations and potential trade status. What are the chances that Chris Phillips is still an Ottawa Senator after the trade deadline? Pierre LeBrun: Well theres still a chance, because the Senators are trying to sign him. They have already talked to him and they would like to do a one-year extension with him. If they get a yes on that extension, then he stays put, but if they cant get him signed it puts Ottawa in a tough spot because they are five points out - theyre not in a playoff spot right now. If the next couple of games dont go well, theyre even further apart from a playoff spot and I can tell you this, the Boston Bruins and Peter Chiarelli - who was formerly with the Ottawa Senators - knows Phillips and Boston would be all over him if hes put on the trade market by Ottawa. The next couple of games are huge in terms of his future and what the Senators do with him. Are there any new developments on the Ryan Kesler trade front? LeBrun: Kesler is the biggest name on the market right now. He didnt officially ask for a trade - I think thats true - but everyone knows that from both his side and the Canucks side, a change of sscenery might be the best thing. Tarik Cohen Womens Jersey. I was told on Friday by a source, and this is now public, that the action has absolutely picked up and the phone is ringing off the hook in Vancouver. So many teams want to at least educate themselves about what it would cost to get in on the Ryan Kesler market. And again, the Canucks are telling everyone "we dont have to move him before Wednesday." If they dont get their price met (which is very high) then they can wait until June to possibly trade him. The Flyers, Blue Jackets, Red Wings - of course hes from Michigan - the list goes on as theres so much interest in Kesler. How does Dan Girardis six-year deal impact Ryan Callahan with the New York Rangers? LeBrun: I do feel in my heart of hearts that it has an impact and thats where it starts with Callahan. I have this gut feeling that he might soften on these contract demands and if he does, I think he can re-sign with the Rangers. And thats because this team is on a roll, hes the captain, and he and Girardi are close so look for that to maybe have an impact. But certainly if he doesnt soften on his contract demands then the Rangers are going to trade him. One small note on Girardi, by the way - his no-movement clause, which is in his new extension, starts right away. He doesnt have to wait until July 1 when his new deal kicks in. ' ' '