
USA Today via Reuters
MLB, Baseball Herren, USA Winter Meetings, Dec 11, 2017 Orlando, FL, USA New York Yankees owner Hal Steinbrenner during the winter meetings at Walt Disney World Swan and Dolphin Resort. Mandatory Credit: Kim Klement-USA TODAY Sports, 11.12.2017 14:04:47, 10473954, MLB, Hal Steinbrenner, New York Yankees PUBLICATIONxINxGERxSUIxAUTxONLY Copyright: xKimxKlementx 10473954

USA Today via Reuters
MLB, Baseball Herren, USA Winter Meetings, Dec 11, 2017 Orlando, FL, USA New York Yankees owner Hal Steinbrenner during the winter meetings at Walt Disney World Swan and Dolphin Resort. Mandatory Credit: Kim Klement-USA TODAY Sports, 11.12.2017 14:04:47, 10473954, MLB, Hal Steinbrenner, New York Yankees PUBLICATIONxINxGERxSUIxAUTxONLY Copyright: xKimxKlementx 10473954
Should the Yankees’ front office be all-in on chasing a championship the way fans want? Or should they be thinking more about long-term financial health? Yankees owner Hal Steinbrenner noted that the team had a massive $319 million payroll this past season. And they owe the City of New York around $100 million every year.
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But Yankees fans aren’t exactly buying those excuses, especially considering how the team has performed under Hal compared to his father’s era.
“We don’t want to hear that you’re upset about paying your fair share to run the team because we would happily trade places with you. The fans are the ones who pay the bills. And you know what? We got our own bills, and we still spend on the Yankees.” A snapshot of a rant from the latest episode of Pinstripe Territory.
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Well, according to Pinstripe Territory analyst, the Yankees were never about padding the Steinbrenner family’s pockets…
The franchise’s identity was always built around winning championships and spending whatever it took to field the best roster. In contrast, Steinbrenner is being criticized for acting like a small-market owner. Someone more focused on staying in the black than building a powerhouse.
Fans argue that they’re the ones investing time, passion, and money into this team. So it feels like a lie to hear Hal say the organization is losing revenue, especially when the product on the field hasn’t lived up to expectations.
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Sure, it’s not fair to say the Yankees have completely failed under Hal, but they still haven’t won a World Series since 2009. From 2009 through 2024, they are 1,417–1,048 in the regular season, which is solid. But nowhere near the dominance the Yankees showed under George Steinbrenner.
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And guess what, that’s what fans want again. It’s precisely the kind of big-spending, big-splash approach the Dodgers have been pulling off recently.
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However, after Hal’s recent comments about competing with L.A. and what the Yankees’ payroll could look like going forward, even die-hard fans are starting to feel discouraged.
Hal Steinbrenner’s prediction might not appeal to the Yankees fans
Steinbrenner admitted he’s worried about the Dodgers’ financial muscle. Undoubtedly, L.A. had the highest payroll in baseball last year. They pulled off eye-popping moves, like deferring massive sums to pay stars such as Shohei Ohtani.
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However, it’s still a little odd for us to hear the Yankees express that kind of concern. Why? Because this is the team that finished with the fourth-highest payroll in 2025 and led the league in spending just a year earlier. And for decades, the Yankees were the big spenders everyone feared, especially when George Steinbrenner was running the show.
Well, they didn’t get the “Evil Empire” nickname for nothing.
Yet Hal kept talking about how tough it is to keep up with the Dodgers… So, that has fans bracing for another offseason where big names slip away. Yankees fans want the team to open the wallet and go all-in again. But based on Hal’s comments, that’s not exactly the direction he promised.
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