“I’m a big believer in that”

“It’s about, to me, being fiscally responsible,” he said. “I know everybody looks at our attendance and our revenues and all that. But you also have to look at our expenses — $100 million a year in revenue sharing; we pay for every dollar of the debt service on the bonds that build the stadium, which doesn’t cost the taxpayers anything. We pay it every year. We have significant expenses along with those significant revenues, believe me.” – Hal Steinbrenner

It’s the job of the prospects to help the Yankees achieve the ownership’s financial objectives.

Last spring, Steinbrenner said that he was looking to the team’s younger pitchers — Manny Banuelos, Dellin Betances and Michael Pineda among them — to develop. Thus far, their returns have been minimal, but Steinbrenner said he remains hopeful that the progress of the Yankees’ prospects can help their financial objectives.

“In order to achieve that goal, these young players have to step up and get the job done,” Steinbrenner said. “How many World Series-winning teams the last 10 years had a payroll over $189 [million]? One. You don’t have to have a $200 million payroll to do that. And I’m a big believer in that.

I guess what he wants us to believe is that it’s complicated. Well, it’s not that it’s complicated, it’s that it is very complicated. Please understand that is really very complicated. Believe in that.

1 comment… add one
  • They’ll be forced to deal when the Stadium is half empty. Hal and the money grubbers cannot possibly expect fans to pay the exorbitant prices for tickets and concessions with a half-ass team on the field. Not that next year’s team is half-assed, but with Cashman running things we are never going to have this bumper crop of young studs to fill the ranks. Never.

    Because Cashman pretty much sucks.

    krueg January 11, 2013, 7:01 pm

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