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The NY Yankees go on a Holiday Shopping Spree
Who said Christmas doesn’t come early? It does if you ask New York Yankees fans. It looks like the Yankees are doing a lot more to move out of the past and into future besides just moving into their pricey new ballpark in 2009. They will have the 4 highest paid players in baseball with A-Rod, Teixeira, CC Sabathia and Derek Jeter, as they try to win the World Series for the first time since 2000. Third baseman Alex Rodriguez has baseball’s highest deal at $275 million over 10 years, and shortstop Derek Jeter is second at $189 million over 10 years. They have also signed Mark Teixeira for $180 million over eight years, and are spending $161 million for CC Sabathia over a seven-year contract term. The Yankees’ off-season spending spree has now climbed to a staggering $423.5 million. One can only guess that the Man-Ram might muscle his way into this billionaire boys club. There’s no reason to assume the Yankees won’t sign him too. Especially just to rub in the face of Red Sox ownership and fans. Spending roughly $95 million per year, for these four players is far more than the median payroll in Major League Baseball. In comparison, it’s $31 million more than the Rays and the Marlins spent to win 181regular season games and a total of eight postseason games in 2008, combined. We’ll see if the Yankees can manage that. Does anyone remember when A-Rod and Gary Sheffield signed in 2004? Or when they traded for Randy Johnson and signed Carl Pavano and Jaret Wright in 2005. Or better yet when they signed Abreu in 2006 and Andy Pettitte and Roger Clemens in 2007. The Yanks have done this before and just when it appears that they make bring home another pennant, poof! Some veteran Yankees are going to start or continue to decline this year. Amongst those may be Jeter or Damon, Mariano Rivera, heck maybe even A-Rod or C.C. So adding “kids” like Teixeira may be a good move, but I would imagine when the 2009 season ends, the Yankees will win somewhere around 95 games, and as in years past be in a brawl with the Red Sox and Rays for a playoff spot. With the Yankees spending money like OPEC, NY general manager may be named Brian “Cash”man for a reason. But will throwing big cash at great players instead of spending smaller amounts on making a great team of good players, allow the Yanks to get back to the Fall Classic next October? Or will the end result be their second non-playoff season since 1993?
6 comments from 3 users
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posted by
refiguy
on Dec 24, 2008 at 11:09 AM
great news, now they need to sign manny and send him to the farm club ...... petite will sign, and don't forget they didnt give up any young talent.... wow, I am thinking 26,27, 28 29 and 30 really soon...... posted by
lmolen
on Dec 24, 2008 at 01:53 PM
So, the Yanks have just gone on a $423 million spending spree. I like Sabathia and Teixeira, both of whom seem to be good guys. But, oddly, this spending spree comes at the same time the Yankees have asked taxpayers for another $259 million in tax-free financing, on top of large tax exemptions approved earlier for the new Yankee Stadium construction. All in all, not a good deal for taxpayers at a time when the economic toll on government is still taking hold. I'm an S.F. Giants fan, so someone will suggest it's just sour grapes on my part since the Giants dug themselves a huge payroll burden a few years ago when they signed the less than mediocre Barry Zito to a long-term $126 million deal. But I'm struck that Giants owner Peter Magowan somehow could afford to finance a beautiful stadium in San Francisco (joining Dodger Stadium as the only privately owned stadiums in Major League Baseball) but the cash-rich Yankees have to drain taxpayers for their stadium AND their spending spree AND no doubt increase ticket prices in seasons to come to cover their "increasing" costs? C'mon. At some point winning at all costs has to has some limits for society as a whole, not just rich team owners who prey on the loyalty of their fans. posted by
refiguy
on Dec 24, 2008 at 09:17 PM
Yes the Yankees spend money but let me point out that the Texas Rangers were the first to offer the most insane contract ever remember 8 years ago when they offer A-Rod 210 mill..... so the Yankees didn't open the door... Secondly, there are several teams that spend alot of money Boston, Yankees, Mets and Chicago come to my mind ....several others never quite pull the trigger...Thirdly, In comparison, teams like Milwaukee were about to drop money on CC and Ben Sheets, The Nationals and the Orioles were ready to plop down 150-160 for Tex also...... If you managed a team and you filled your stadium 95% of the time it makes good business sense to spend that However it makes no sense if your crowds are 2,500 like they are at Baltimore and in Washington to spend that sort of dough..... The Giants for example Spent a ton of money to sign Barry Bonds, Jeff Kent, Aurelio and a couple of other players and couldn't get to the playoffs...Most teams have tried it and none are as successful as Boston, New York, Another example look at Detroit.... did you see the attendance at the end of the year...as far as taxpayer money I think it is City and County money that goes to building a stadium not Federal .... I for one am glad I am a fan of a team willing to spend money for a quality team : Just like Lakers and Dallas does in Basketball..... Go Yankees
posted by
poprocks
on Dec 25, 2008 at 12:16 AM
Its just going to make it that much sweeter when they still don't make it to the World Series! S posted by
refiguy
on Dec 25, 2008 at 09:04 AM
your probably right ....but for WHOM..... I truly think they make more money and team support when they barely make it... They already fill the seats nightly, say 85 games 65,000 seats if the average price is $100 a seat that is a half a billion just there...they already get about 100 million in TV and Cable rights...I didn"t even want to know how much they get from Budweiser, Nike etc...BUT I know for a fact if the Yankees would have made the playoffs this year....we ( as fans ) would have been content with the talent we have....since they didn't make the playoffs for the first time in 14 years... Yankee fans such as myself still don't think they spent enough...... that is how they got tax payer support for the new stadium Lmolen just think of the outrage that might have been if the Yankees borrowed that money then didn't buy a great team...... We want Manny and Derek Lowe.... go Yankees posted by
refiguy
on Dec 26, 2008 at 09:01 PM
8 million dollars for Randy Johnson are they kidding me...didnt he give up Babe Ruth's last home run.....the Yankees paid that for him 5 years ago....LOL
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