The Yankees have been very productive this off-season by signing Teixeira, Sabathia, Burnett, and Swisher. Now, this creates them the team that they need to compete in their division. People are eager to point out that the Yankees now have the four highest paid players in all of baseball. Which, I’ll admit, may look very bad. I have already been harassed relentlessly about this and how the Yankees are trying to “buy the championship” again. However, please read this article to see the entire story. I add a few highlights below that accurately paint the picture. This is a brilliant staffing move, and I will argue that any fan would be excited about if it were their team. And, as I’ve always argued, the Yankees are good for baseball. Would you rather have an owner that puts money back into his team to invest in the game itself, or an owner who takes as much profit as he can without putting it back into his team? We need more teams like the Yankees.
“Don’t forget that the Yankees this winter shed from the payroll high-salary guys like Jason Giambi, Mike Mussina, Bobby Abreu, Andy Pettitte (likely to return but at a lower base salary), and Carl Pavano. Add it all up, and they’ve sloughed off almost $80 million. Once the full details on Teixeira’s deal are known, it’s likely that his 2008 salary along with the annual salaries of CC Sabathia, A.J. Burnett, and Nick Swisher will amount to between $70-75 million. Even the liberal-arts majors among us can figure out that’s not an increase.”
“But the Yankees can’t be blamed for baseball’s structural inequities. The Steinbrenners’ obligations are to win games and make money. That Major League Baseball provides them so much latitude to do so is the fault of MLB, not the Yankees.”
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