Comments on: Pinch hitting: High and Tight

By: Mills

Mills — Sat, 10 Jan 2009 16:50:52 +0000

This was one of the best guest blogs I’ve read thus far. I’ve never thought about the money the Yankees make on these seemingly periphery operations. Again, great blog, Mike.

By: plank

plank — Sat, 10 Jan 2009 02:39:48 +0000

“As long as they continue to sink it back into the team on the field (and – through luxury taxes – the rest of MLB) then count me as satisfied.”

Yeah, they could do that or just charge a little bit less for hot dogs.

By: Mr. Faded Glory

Mr. Faded Glory — Fri, 09 Jan 2009 19:29:03 +0000

RonH – thanks for that info. Interesting.

As for the “House that YES Build” comment – is YES financing the entire stadium? No, of course not. I believe however without the switch to YES there wouldn’t have been plans for a new park at all. The revenue gained from that venture spurred the thinking and if nothing else, accelerated the process.

Thanks for the comments.

By: dale d

dale d — Fri, 09 Jan 2009 18:56:20 +0000

Rafael O.

To think its the house that Yes built is absurd. We are in a huge financial crises, and the Yankees are greedily requesting hundreds of millions on unnecessary things.
************
actually th way to get out of this huge financial crisis is exactly that..
spend money on unnecessary things like out of date car companies
spending money is the new patriotism
go on wrap yourself in the flag and buy Spring Training tickets

By: Tantron Willoughby

Tantron Willoughby — Fri, 09 Jan 2009 18:37:06 +0000

If they can call the stadium: Business Name–Yankee Stadium, then it is silly not to sell the rights and pocket the easy money and give a higher quality buffet for the media. No doubt that will happen.

By: Tantron Willoughby

Tantron Willoughby — Fri, 09 Jan 2009 18:26:50 +0000

It’s nice to see Yankee Global Enterprises buck the current recessionary trend and “insource” rather than outsource their concession business. The concession profits could potentially be equivalent to the Marlins payroll. Maybe the Marlins can learn something here.

By: KennyH123

KennyH123 — Fri, 09 Jan 2009 18:23:56 +0000

As much of a cash cow the new stadium will be for the Yankees…. and they will be printing money there, believe me….. I predict that within five years, the Yankees will will even sell naming rights to the stadium, and probably for something close to $1 billion. Its just too much money for them to resist.
If they can tear down a shrine like Yankee Stadium for more money, they sure as heck can work with Bristol Myers’ Yankee Stadium.

By: Tantron Willoughby

Tantron Willoughby — Fri, 09 Jan 2009 18:17:51 +0000

Excellent guest blogging Mike!!!!!! Thank you for not posting about your religion, or whining about 2001, or trying to write the sequel to a literary classic. Semper Fie!!!!!

By: Tony in Albany

Tony in Albany — Fri, 09 Jan 2009 16:13:54 +0000

Excellent post! You write very well and you back up your points. I’ll be sure to check out your blog from here on in. Your piece has been by far the most professionally written and interesting of Pete’s pinch hitters so far. Keep it up!

By: RER - 98

RER - 98 — Fri, 09 Jan 2009 15:45:28 +0000

Hal Steinbrenner’s method of operation has to be liked at this point. He does what his father did little of and that’s listen.
When George wanted a marquee name, he simply instructed all of the GM’s he had to “just get him” and cost was never an issue. He personally negotiated the Sheffield signing and re-signing and the last player that Cashman had no input on was Randy Johnson.
Hal trusts Cashman and his entire advisory group. They know what their roles are.