Now give me a well-versed Sox fan and a few beers and that can be really fun.

Pete, just like you have the right to express your opinion on here, we have the right to try and make some coin off this game. I hate to break the news to you, but this county wasn’t built on people’s love and passion for industry. What if we told you that we would like to read your blog without having to deal with advertisements all over the place because we’re fans of the Yankees and not Northern Westchester hospital or At&T? You’d probably laugh and tell us thats what pays the bills and enables us to read the blog at no cost. Well maybe for the true fans that scrape up every last extra penny to buy their tickets, these opportunities make going to the games a little more affordable. Until you start paying for all your entrances to Yankee games, don’t criticize others for what some may consider making ends meet.

The fact that he is a Pats fan (and actually approves of the coach’s cheating ways) and has an unnatural man-love for Bruce… well we all have issues.

That being said, no need to be so defensive when someone questions your subject matter because the banner at the top does say Lohud Yankees Blog; A Yankee Blog by Journal News Beat Writer Peter Abraham.

Plenty of use braved the cold and wind against Washington when it meant something (and our team – predictably – let us down). That we don’t want to go to a cold night game that means nothing with a stadium full of Mass—–s is no reason to mock us.

But, having said that, I’m still thinking of going, and would be happy to take you, Pete. Face value.

Go Giants.

““Reportedly their minority interest in the YES Network is keeping them afloat.”

Whaaaaat??? The NYY are a highly profitable corporation.”

I may be misinterpreting fleas comment, thus I threw the question out there (hence the correct me if I’m wrong).While Yankee Global Enterprises makes money and is highly valued, the comment fleas was reacting to is relatively accurate in that YES is where a lot of the spending power and profit comes from for Yankee Global Enterprises(and is probably the most valuable piece of YGE; even over the team). The New York Yankees as an MLB franchise are not profitable; the proof is in the reported losses since 2004. Check his link to the Forbes ranking, by operating income (money left over)the Marlins are the most profitable MLB franchise.

I guess the confusion or important distinction that I was commenting on is that NYY are not profitable as a franchise. Yankee Global Enterprises (which owns the franchise)with a third stake in YES is an extremely valuable (and I’m sure profitable) organization.

Below are the reports I was referring to, with a quote pulled directly from the Fortune article that basically articulates my point.

“And what might a “full and fair” price be? Try a cool $3 billion to $3.5 billion. At that price, one could argue that the true gem of the Yankees business empire isn’t the team itself but YES.

The team hasn’t distributed profits to owners in about 10 years, two Yankees insiders say. (Responds Yanks chief operating officer Lonn Trost: “There have been distributions in the past and the expectation is there will be more in the future.) Meanwhile, YES brought in $340.5 million in revenue in 2006, up about 6 percent from the prior year, according to Kagan Media Research estimates. (YES doesn’t release official financial data.) John Mansell, a prominent sports analyst, believes that 40 percent of that revenue – about $136 million – translated into cash flow.”

http://money.cnn.com/2007/08/0...../index.htm

Another nice summation regarding the “team” value and the “Enterprise” value:

http://nymag.com/news/features/2007/profit/32903/

(P.S. I’m a huge NYY fan, so only clarifying/discussing…not trying to attack)

Okay smart guy.

Prove you it: Yankees aren’t profitable. You can’t.