From Biz of Baseball:
Moreover, in business news, the Yankees remain the most valuable team in all of baseball. In the past nine years, the Yankees value as an organization has more than tripled from $491 million in 1999, to $1 billion 306 million in 2008. Let us compare that to, say the 30th [...]
Many writers have bemoaned the ridiculous salaries garnered by athletes in a time when people are struggling to survive financially. When the Yankees threw money at a number of free agents in December, people rolled their eyes and wondered if athletes were sensitive to the economic problems at all. It is a point that I [...]
Joel Sherman weighs in today with an interesting thought about how the state of the economy could alter the baseball landscape from a personnel standpoint:
Because I see it as a natural progression of the offseason, with a pseudo-free agency in June, July and August that could lead to Roy Halladay being this year’s [...]
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