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Archive for the ‘Business and Finance’ Category

Forbes’ annual look at the business of baseball has become like a broken record…one that is music to the ears of the game’s 30 owners. According to Forbes’ 2014 survey, which is based on estimates for 2013, baseball franchises cumulatively increased in value by over $2 billion dollars, or nearly 9%. Compared to last year’s […]

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Plan $189 million is dead. Long live the Yankee dollar. The Yankees aren’t saying that, of course. On the contrary, just about every article dealing with the team’s free agent ambitions or acquisitions have been careful to cite anonymous sources who maintain the Yankees’ commitment to dipping below the luxury tax threshold. However, actions speak […]

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While Alex Rodriguez and Brian Cashman continue to dicker over the third baseman’s reinstatement to the active roster, the Yankees are set to welcome back the man they traded for Arod 10 years ago. The acquisition of Alfonso Soriano juxtaposed against the Rodriquez saga might seem like an amusing coincidence, but both events say quite […]

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After a year of raking Yankee fans over the coals of cost cutting, Hal Steinbrenner has reportedly abandoned his plan to lower the team’s payroll below the luxury tax threshold in 2014. Is it too soon to say “I told you so”? Over the last several months, I’ve written extensively about the motivation for and […]

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(The following was originally published at SB*Nation’s Pinstriped Bible) “Nobody goes there anymore. It’s too crowded.” – Yogi Berra The turnstiles at Yankee Stadium have not been spinning as often this season. Through the first nine home games of the year, the average crowd in the Bronx has been 38,432, which compared to the same point […]

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(The following was originally published at SB*Nation’s Pinstriped Bible) Everyone has been reading the tea leaves since Robinson Cano replaced baseball super agent Scot Boras with an agency fronted by music mogul Jay-Z. Most have interpreted the move to mean Cano desperately wants to the remain in the Bronx, so much so that ditching Boras indicates […]

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(The following was originally published at SB*Nation’s Pinstriped Bible) Baseball is big business. The health and wealth of the game has become so transparent that independent valuations are no longer necessary to dispel the myth of baseball’s demise that had become popular not too long ago. Nonetheless, Forbes’ annual snapshot of individual team finances remains an interesting benchmark […]

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