Hi All,
Just thought I'd share.
http://sportsillustrated.cnn.c...core.four/index.html
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quote:Yanks may have dipped into the free agent pool a bit
quote:Originally posted by fillsfan:
When you spend $70-80 million more than anybody else you better be successful.
Not many teams could afford one of these three last year: Texeria, Sabathia and Burnett. The Yankees bought all three.
I read once the Yankees broadcast revenue to greater than #'s 2-6 combined.quote:they are just in the right place. the yes network makes payroll,the rest is a bonus.that doesn't happen everywhere.
quote:Originally posted by zombywoof:quote:Originally posted by fillsfan:
When you spend $70-80 million more than anybody else you better be successful.
Not many teams could afford one of these three last year: Texeria, Sabathia and Burnett. The Yankees bought all three.
But keep in mind that the Yankees put their money back into the organization instead of trying to pocket the loot like some of the other tightwads around the league. Also, the Yankees are donating a big chunk of loot into the Yankee Tax that the rest of the league ennjoys and should be spending on free agents as well.
You can't fault the Yankees for running their organization the way they do. They're doing everything within the rules. They're the most successful and most recognized sports francise on the planet so its a given their operating expenses and returns are gonna be higher than everybody else. They invest their money and the returns speaks for itself.
It's a $10M franchise that's worth well over $1B today. The Yankees can't operate like a mom & pop joint.
Most of the visible owners do not own the team outright. Many of them don't even own a majority of the team. They are the managing partner. They have a responsiblity to the ownership team to not lose money on a year by year basis. After ego the reason people buy into major league teams is the return on investment when they sell.quote:Bingo. Keep in mind that it's BILLIONAIRE owners whining "wah wah the big bad Yankees spend too much money" when in reality they could do the same thing if they weren't so concerned about the bottom line.
I'm not sure I agree with this over the years. They have enough money to spend again if they make a mistake. Most other teams have to suffer for their mistakes.quote:The Yankees have the most money and they spend it wisely
quote:Originally posted by RJM:I'm not sure I agree with this over the years. They have enough money to spend again if they make a mistake. Most other teams have to suffer for their mistakes.quote:The Yankees have the most money and they spend it wisely
If the Yankees always spend wisely they should never go more than a year or two without a championship. In the past forty-five years there have been a couple of ten year gaps and an eight year gap.
quote:Originally posted by seth:
The Yankees have the most money and they spend it wisely and that's why they are the best team in baseball and have won by far the most world series.
Fans used to follow Whitson home from the parking lot and harass him. Some moron crashed his car into a tree screaming out the window at Whitson while chasing him.quote:Originally posted by zombywoof:
and......Ed Whitson!