Tuesday, October 25, 2022
"The last time the Bronx Bombers climbed Major League Baseball’s proverbial mountaintop was in 2009, when legendary owner George Steinbrenner was still at the helm. Although the drought weighs heavily, it has hardly dented the fortunes of Steinbrenner’s three surviving children. They’re all billionaires, and the team has never done better financially."
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6 comments:
That is all Cheapskate Hal cares about no matter you hear on Sport's Radio.
And that is all he cares about
I would quibble with various assertions in that piece—George, for instance, didn't "build" the fortune he had before the Yankees, his great-grandfather did; he didn't run the team after suffering a stroke in late 2003, etc.—but I agree with its essence.
The team's brand is winning, at its core, and without that, they won't be able to sustain this level of success. The game you see at the Stadium is just not entertaining enough, and the prices are too high.
But...when you're worth $1.4 bill, it takes a while for anything to pinch. I suspect that what will break up the Steinbrenner Yankees is not so much the brand taking a dive as it will be this generation dying off, and the heirs wanting to take their cuts.
And that is exactly why Justin has the chops to write for Forbes.
@Hoss, The direction that they're going, New York Yankees will be just another franchise in a decade or two.
Despite all the championships and the iconic players of the past, if they keep getting kicked around by the ASS-stros and the Tampons, they'll stop drawing new fans. All smart athletes know that you're only as good as what you just did. Yesterday is an illusion. The same applies to a ball club, although it does have a longer expiration date. A sports franchise can live off its past greatness for awhile, but at some point, it will lose its luster.
Hal is a bean counter and no matter what he says, he does not care a whole lot about championships.
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