Yankees still have to shell out a few million for suspended A-Rod
Unfortunately for the Yankees, the entirety of Rodriguez's $27.5 million will not be coming off the books. According to Joel Sherman of the New York Post, the commissioner's office and MLBPA have agreed that A-Rod will count exactly $3,155,737.70 against the luxury tax in 2014.
The reason that Rodriguez's salary will not come completely off the books is because he is not serving a one-year suspension - his suspension is only for 162 games. That means that A-Rod would be eligible to play in the postseason if the Yankees make it, a la Nelson Cruz, who played in the Texas Rangers' tie-breaker game after serving a 50-game suspension to close out the 2013 regular season.
The $3.1+ million that A-Rod will count against the luxury tax is unlikely to inhibit any potential signings that the Yankees were considering, and the team is still saving over $24 million due to the suspension, but it is just more money down the drain for a player who, at the end of the upcoming season, will have played in 265 of a possible 648 games from 2011-14.