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Originally Posted by Loose Cannon
No the issue is people always saying to me "Yankees win all the time because Steinbrener has the most money." When the Yankees were losing all the time from 85-95, I never heard those complaints. It wasn't until 98 that it started coming out, ahhhh, just pisses me off.
Anyway I have some cool statistic in my sports marketing book having to do with MLB teams. I wanted to post it now, but I totally forgot what it was. It has to do with something along these lines though. I'll get it later, it's in my car right now.
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Yeah, people have it wrong, George probably isn't the richest owner, but he probably does have the most profitable team.
But he plays by the rules, he's gonna pay that 25mil luxury tax, and I think every year in a row you're over, the penalty % increases.
He did have a good point a few years back, if he has to pay 25mil that's div between the other teams who aren't over, they should be required to increase they're payroll by that amount or not get the money.
What's the point of giving 2mil in penalty money from the yanks to say the Twins if he's not going to spend it on the team.