I’m sure you’ve heard, Yankees owner George Steinbrenner died today at age 80. While I was not a fan of the man, I’m not much in the mood to speak ill of the dead today.
Two groups that will miss Steinbrenner in their own ways are the Major League Baseball Players’ Association and players’ agents, because Steinbrenner, more than any other baseball owner, created the conditions that resulted in today’s enormous player salaries.
Steinbrenner bought the Yankees in 1973 for the sweet-heart price of $10 million. Clearly, he saw the economic potential of the team when others did not, and he was willing to spend as much money as it took to turn the Yankees into a winner again, and make a fortune on his investment ...
Read Full Article at Bleacher Report - New York Yankees
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