Quote:
Originally posted by ThurgreedMarshall
No. Because I think part of the value of the team is the fact that they always have a chance to win. Steinbrenner purchased the team for less than $10 mil in '73 and it's now worth well over a billion dollars. Do you think the team is worth that much if they make the playoffs every now and then?
I also think there is something to be said for building your brand. And Steinbrenner sees returns in other ways, because players all over the world view the Yankees as the benchmark for sports success and they want to play for us. And knowing we'll pay top dollar doesn't hurt recruiting either.
The next owner might not spend as much, it's true. But if they don't do what is necessary to win, I think the value of their investment may drop (although, that might not matter if they pull all that money out of the team annually).
But ask yourself that question. Why do the Red Sox spend so much? They don't need to to field a somewhat successful team.
TM
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The Yankees are doomed to fail until they lift the
Hillary's Carpetbagger's Curse!
The best bet at this point is to bankroll Obama's campaign to lift the
dreaded Hillary Curse!
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