Blog Entry

The economy is not effecting the Yankees.

Posted on: December 13, 2008 2:20 pm

Last week winter meetings resembled more of a thrift bargain store than Black Friday at Macy's, well for every team not named the Yankees. While most teams were being fiscally responsible and keeping an eye on the possible drop in attendance, the Yankees were flexing their large market muscles and kicking sand on the mid and small market teams. Don't get me wrong the Red Sox, Angels, and Dodgers all made trips to the Scott Boras Bizarre, were if you have to ask you can't afford, but ended up as window shoppers and not buyers.

The Yankees signed CC Sabathia to the largest contract ever given to a pitcher and then promptly went out and signed A.J. Burnett for the paltry sum of 82.5 million. If the MLB hot stove rumors are true the Yankees are about to make a run at signing Derek Lowe too.  Whats next? Mark Texeira? Manny Ramirez? 

While the only teams that appear to be bidding for big ticket items this offseason are large market teams, the only one not making an attempt at keeping a budget are the Yankees. I understand that people will point to the Mets signing of Francisco Rodriguez  and trading for J.J Putz as not being fiscally responsible, but I say that it is a New York thing. When teams play free agent poker, it is a huge advantage to be able to go all in and not worry about drawing a Carl Pavano.

If the current economic times does not signal a need for a salary cap then nothing does. The competitive balance is no longer a balance but a slope that mid and small market teams can't climb. So Tampa should cheer for E. Longoria while they have him and Detroit for Justin Verlander before they become Yankees. 

Category: MLB

Since: Dec 28, 2007
Posted on: December 19, 2008 6:12 pm

The economy is not effecting the Yankees.

Great point every top drawer free agent has to be a Yankee first then they can sign elsewhere if and when NYY pass and to a lesser extent the Bosox. Know I see that Manny is shopping himself to NYY also.

Having their own cable network is like a license to print money. This is one of the reasons everyone takes such great pleasure in seeing the Yankees lose.

Since: Aug 31, 2007
Posted on: December 19, 2008 12:11 pm

The economy is not effecting the Yankees.

 Funny you should post this because that's probably exactly what most people are thinking about right now. I find it ironic that even without George at the helm the stemming of the spending tide has not only not receded but has become a virtual tidal wave. Isn't great that before Texieira makes his decision he has to be considered by the Yankee's, and for that matter Boston although their GM made a statement that the economy will indeed effect how they will do their business as they backed away from him in the bidding war. How they can predict to make the gate sales in NY before that happens is beyond me, perhaps someone sold his soul years ago and they know where the cash will be. Great thoughts!

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