In a city where money talks, the New York Yankees’ wallet is suddenly the subject of whispers. Are the Bronx Bombers broke, or is Hal Steinbrenner playing financial chess? The latter’s recent interview painted a picture of unwavering financial commitment, and yet the echoes of ‘no money’ linger in the shadows. What’s the main story?
Watch What’s Trending Now!
In a recent interview, Hal Steinbrenner was asked if he intended to cut payroll after the Yankees reached the World Series. Steinbrenner’s response was crystal clear: “Our payroll now is almost identical to last year. I don’t know what people have to calculate it correctly.” Hal clearly wants his payroll intent understood. Pay close attention, fans.
When asked direct questions about the $301 million threshold, Steinbrenner was unequivocal: “No, the threshold is not the concern to me. The concern to me is- I’ve said this till I’m blue in the face, and I had to change my numbers because times have changed from 10 years ago.” Standards and expectations cannot be defined by arbitrary thresholds. It’s about the next young stars, right?
Steinbrenner questioned the necessity of an enormous payroll as it relates to championships, “Should I really need a $300 million-plus payroll to win a championship? Does having a huge payroll really increase my chances that much of winning a championship?” Indeed, the Yankees are nearly always top five in league payroll. As for the Yankees tradition of spending, usually leading all of MLB in payroll, Steinbrenner stressed the consistency in spending, “Our payroll now is almost identical to what it was a year ago … we’re right at 307, 308. So, we have had a high payroll, consistent with the years past.” What a tradition, indeed!
I asked Hal Steinbrenner if it's his intention to lower payroll after advancing to the World Series. "Our payroll now is almost identical to last year. I don't know what people have to calculate it correctly. You have to take into account what kind of injuries you're gonna have Show more