$120mm was admittedly low on my part as I was quickly typing that out, but to think they'll be breezing past the luxury tax from here on out it's probably a safe bet they won't. They've got nearly $80 million in guaranteed money coming off the books next season. Their rotation next season will consist of Tanaka, Severino, Pineda, Nova, and Eovaldi. They could add another big FA arm, but they don't need to go crazy like they've been known to. They've been relatively quiet over the last couple of years, and are setting themselves up nicely to make big FA runs in the future, but I can't see them going balls out on multiple FA's over the next couple of years. Maybe attempting to get one big name or a few mid tier guys, but it feels like they're content with going into the next few years with what they have and supplementing it with solid, but not expensive talent in the interim before Harper hits the market. I don't think it's out of the realm of possibility to see a few $150-$170 million Yankee payrolls over the next couple of years instead of the $200 million payrolls they've been having for the last decade or so, which is more or less because of the big contracts doled out to aging talent which they are probably going to shy away from from here on out considering it hasn't exactly worked out so great for them while perennial cellar dwellers like the Jays and Orioles are surpassing them with substantially cheaper payrolls by acquiring underrated and undervalued talent vs. obvious big ticket guys. I don't think it'll stop the Yankees from spending big on certain free agents, but I think they'll stop "paying for past performance" as Theo likes to put it which has pretty much been their M.O. since the cap was lifted. Either way, the Yankees are going to have a lot of money to play with and if they choose to go all in on some guys they'll be tough to beat and can probably outbid anyone as a result without having to worry about the luxury tax.