The Dodgers have ended the Yankees' 15-year streak as Major League Baseball's biggest spenders.

The Dodgers finished with a record payroll of $257,283,410, according to final calculations made by Major League Baseball and obtained by The Associated Press. That is more than $20 million above the previous high, set by the Yankees last year.

For the first time since the current luxury tax began in 2003, the Yankees won't be paying the most. The luxury tax was put in place as a slowdown on spending by high-revenue teams, and teams pay based on the amount they are over the $189 million threshold.

The Dodgers have a tax bill of $26,621,125 due to the commissioner's office by Jan. 21.

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