Oct 9, 2013, 11:03 AM EDT
The Yankees are expected to get their payroll under $189 million for 2014. A decision borne of a desire to avoid the luxury tax, which could cost them some $100 million over the next two years.
Joel Sherman of the New York Post talks to Hal Steinbrenner about all of this. It’s a good interview, but I find the assumption Sherman has going into it — that Big George would never lower the payroll to avoid the luxury tax — to be something less than reasonable:
… no current issue brings out George-channeling psychics quite like the organizational plans to drop under the $189 million luxury tax threshold in 2014. No way The Boss would do that. He would do whatever was necessary to win a title — damn financial common sense.
I’m not so sure. George Steinbrenner was a lot of things, but a dumb businessman was not one of them. He turned a small investment — with a lot of other people’s money — into a franchise worth more than a billion dollars. During the years he was running the team actively he never had to face the severe luxury tax implications the Yankees face next year if they don’t get under $189 million. I don’t think it’s at all reasonable to say that George would act differently.
But we live in a world where everything is seen through George-colored glasses when it comes to the Yankees. So people will continue to say that, I suppose.
- Rangers activate Josh Hamilton from disabled list, send prospect Joey Gallo to Triple-A 10
- Huston Street says he’d retire if he was used like a 1970s-style fireman 46
- CC Sabathia looks like a reliever 25
- And That Happened: Monday’s scores and highlights 58
- AL All-Star voting update: now “only” five Royals in the starting lineup 59
- Andy MacPhail introduced by the Phillies. And the first topic of conversation is sabermetrics 20
- What a world: Orioles are in first place and Ubaldo Jimenez has been their ace 16
- Settling the Scores: Sunday’s results 99
- With the same-sex marriage decision, the San Francisco Giants get another big win (275)
- Joe Maddon is the latest manager to rip instant replay. He’s got a point. (109)
- Settling the Scores: Sunday’s results (99)
- There was a super ump show in Chicago yesterday (75)
- And That Happened: Wednesday’s scores and highlights (75)