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Old 11-13-2006, 01:37 PM   #46
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they're really keeping the apple?

too funny.

hopefully they get a new apple or at least remove all the dents from the old one. How did that thing get so dented to begin with?
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Old 11-13-2006, 01:44 PM   #47
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The Yanks haven't lost money in years. They aren't concerned about payroll really. The Boss is getting old so of course his health ain't going to be the greatest. Remember the Yanks haven't won the Series in 6 years, but attendance has increased every year since then. The last two years attendance has exceeded 4 million! The Yanks don't need to win the Series because they're already World Champs at the box office. Asses in seats, that's what it's all about! Oh yes, did I mention that they have their own network which was the number one rated regional sports network. It ain't easy being the Evil Empire.
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Old 11-13-2006, 01:52 PM   #48
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Old 11-13-2006, 01:55 PM   #49
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Originally posted by MrPryck2U
The Yanks haven't lost money in years. They aren't concerned about payroll really. The Boss is getting old so of course his health ain't going to be the greatest. Remember the Yanks haven't won the Series in 6 years, but attendance has increased every year since then. The last two years attendance has exceeded 4 million! The Yanks don't need to win the Series because they're already World Champs at the box office. Asses in seats, that's what it's all about! Oh yes, did I mention that they have their own network which was the number one rated regional sports network. It ain't easy being the Evil Empire.
actually you're wrong... the yankees lost money in 2004 and 2005... 2006's totals aren't out yet, but i would think it would be safe to assume that they lost money this year, too, based on the financials from the years before.

Quote:
The New York Yankees lost between $50 million and $85 million for the 2005 season, the New York Daily News reported Sunday.

Despite drawing more than four million fans, a payroll of $200 million plus an additional $110 million in revenue sharing and luxury taxes has left the Yankees in the red, according to the paper.

"Yes, even George has his limits," one source told the Daily News.

The paper also reports that the Yankees might have to open up their checkbooks even further if a consultant hired by MLB decides the team undervalued their television rights.

The Yankees currently charge the YES Network about $60 million a year to broadcast games, but if it's found to be undervalued, the Yankees will have to make up the difference by putting more money into the revenue-sharing fund, the paper reported.

"They're going to owe us money," one MLB source predicted to the paper.

The final numbers won't be crunched for a few months, but it's believed the final number will be roughly $80 million when all is tallied. According to Forbes magazine, the Yankees lost $37.1 million in 2004.
http://sports.espn.go.com/mlb/news/story?id=2247401

the yankees are, in fact, losing money every year. they keep spending it regardless.
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Old 11-13-2006, 02:12 PM   #50
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Me thinks that the rotten home run apple is dented due to Vince Coleman and some M-80's
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Old 11-13-2006, 03:51 PM   #51
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Right, The Daily News, the same paper that "reported" that the Yanks fired Joe Torre as their manager.
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Old 11-13-2006, 04:22 PM   #52
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And is Forbes Magazine not legit?

If they lost $37.1 million in 2004, it's a safe bet they lost money in 2005 and 2006 as well.
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Old 11-13-2006, 04:22 PM   #53
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HOK needs to come up with some new ideas. All these new stadiums are looking very similiar. It's like they are the new cookie cutter.
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Old 11-13-2006, 04:32 PM   #54
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Originally posted by Headache in a Suitcase





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Old 11-13-2006, 06:30 PM   #55
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Forbes is legit for sure, but I still question the info because the Yanks are also number one in MLB merch if not overall sports merch. I have a habit of distrusting so-called figures. Especially something like 37.1 million. If the Yanks aren't making money, then who is for that matter? Look at the Mets. CitiBank is paying 20 mil a year for the naming rights to their new stadium. Why do they need this money? I guess they are losing money too. Maybe more than the Yanks.
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Old 11-14-2006, 08:55 PM   #56
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51.1 million dollars just to negotiate with 1 player

marlins entire payroll = 15 million

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Old 11-14-2006, 09:08 PM   #57
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I hope the Sox braintrust knew what they were doing on this one. Their recent track record hasn't been the best.
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Old 11-14-2006, 09:16 PM   #58
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I don't know - I hope I'm proved wrong, but this is an insane move. $51 million, plus whatever the Sox end up paying him.

$100 million for a player that's never been in MLB?

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Old 11-14-2006, 09:20 PM   #59
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it's especially crazy since that this is the same team that wouldn't pony up a few extra million for damon.

If everything works out, the Sox will have a very dominant staff of young pitchers - everything meaning Beckett gets his act togther, Papelbon making a good transition, and Lester being able to recover from cancer and improve. Not too much to ask for right?
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Old 11-14-2006, 09:22 PM   #60
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didnt theo complain about a lack of resources earlier this year?

i think he's given up the right to use that excuse anymore.
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