http://www.baseballsavior.com/steinbrenner-hit-with-34-million-luxury-tax-bill/ A Biased Look at the New York Yankees, the Greatest Franchise in the History of Sports Tue, 20 Nov 2007 12:05:14 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.baseballsavior.com/steinbrenner-hit-with-34-million-luxury-tax-bill/comment-page-1/#comment-51 John Fri, 30 Dec 2005 16:21:00 +0000 http://www.baseballsavior.com/?p=75#comment-51 The small market teams subsidize the Yankees and the larger markets by allowing them a virtual monopoly on those cities. The Royals and Twins and Devil Rays should move to New York..then you would have competition and then you could see whether Steinbrenner was a financial genius. With no competition it is rather easy to be a genius. The small market teams subsidize the Yankees and the larger markets by allowing them a virtual monopoly on those cities. The Royals and Twins and Devil Rays should move to New York..then you would have competition and then you could see whether Steinbrenner was a financial genius. With no competition it is rather easy to be a genius.

]]> http://www.baseballsavior.com/steinbrenner-hit-with-34-million-luxury-tax-bill/comment-page-1/#comment-50 Doug Fri, 30 Dec 2005 03:37:00 +0000 http://www.baseballsavior.com/?p=75#comment-50 You are aware that the Yankees lose money, right? Even before the tax? Because their money-losing franchise is "worth" $900M, they can borrow more and more (well over $200M now) against the bubble... You are aware that the Yankees lose money, right? Even before the tax? Because their money-losing franchise is “worth” $900M, they can borrow more and more (well over $200M now) against the bubble…

]]> http://www.baseballsavior.com/steinbrenner-hit-with-34-million-luxury-tax-bill/comment-page-1/#comment-49 Tom Thu, 29 Dec 2005 22:59:00 +0000 http://www.baseballsavior.com/?p=75#comment-49 Not sure if you realize this but Major League Baseball is a partnership between teams... Not sure if you realize this but Major League Baseball is a partnership between teams…

]]> http://www.baseballsavior.com/steinbrenner-hit-with-34-million-luxury-tax-bill/comment-page-1/#comment-48 Nick Thu, 29 Dec 2005 18:02:00 +0000 http://www.baseballsavior.com/?p=75#comment-48 Steinbrenner's "financial genius" is that he owns a baseball team in the world's biggest market. I'd like to see this genius at work in Kansas City. Oh by the way didn't he announce he lost millions last year? Yeah, my company can certainly use a genius like that. Steinbrenner’s “financial genius” is that he owns a baseball team in the world’s biggest market. I’d like to see this genius at work in Kansas City. Oh by the way didn’t he announce he lost millions last year? Yeah, my company can certainly use a genius like that.

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