04/16/24
August 02, 2007
Yours for only $1 billion dollars!!: The Yankees can be yours for only $1 billion dollars (of course the price could jump to $4.5 if you throw in the optional but lucrative YES network).
posted by kyrilmitch_76 to baseball at 11:01 AM - 11 comments
/digs through pockets Damn!
posted by grum@work at 04:34 PM on August 02, 2007
Of course, the article says that the team is NOT up for sale, rather the YES network is what is on the table. At least that's what I got from it. I'm probably wrong, but isn't the monies generated by the TV rights the main force that drives the Yankees financially? Without that, doesn't that limit what the team can spend on free agents, draft choices, A-Rods handlers etc.?
posted by THX-1138 at 05:04 PM on August 02, 2007
I believe you have it right, THX. The same can be said, on a slightly smaller scale, for the Boston Red Sox and their 80% ownership of NESN. Of course, having someone like John Henry for an owner doesn't hurt either. I think this guy must have the currency printing presses in his basement.
posted by Howard_T at 05:49 PM on August 02, 2007
Will they take a personal check?
posted by commander cody at 10:59 PM on August 02, 2007
/digs through pockets Crap. Other pants.
posted by WeedyMcSmokey at 11:12 PM on August 02, 2007
Will they take a personal check? Not from you, pal.
posted by The_Black_Hand at 04:41 AM on August 03, 2007
My take on the article was that Yankee brass are denying the story but at least one boardmember from Goldman Sachs (part owners) said that they are actively shopping the team.
posted by kyrilmitch_76 at 05:11 AM on August 03, 2007
My take on the article was that Yankee brass are denying the story but at least one boardmember from Goldman Sachs (part owners) said that they are actively shopping the team. no, they didn't. the Goldman Sachs guy said they are "testing the waters" with the YES network. Goldman Sachs are part owners of the network, not the team.
posted by goddam at 09:09 AM on August 03, 2007
chinka chinka chinka chinka chinka Excuse me, where is the CoinStar? Thank you...
posted by The Crafty Sousepaw at 09:24 AM on August 03, 2007
Digging for the loose change in my couch now...... Think George would accept plastic?
posted by NerfballPro at 09:26 PM on August 03, 2007
I always love a good article about the business of sports (even about the evil empire).