The Filibuster
Steinbrenner says the Yankees aren’t for sale. A few billion would be tough to turn down though, so do you believe him?
I still remember the first time I missed out on my first billion. In fact, it was just a couple days ago when no one took me up on my brilliant idea to go mine asteroids. Seriously people, where are your priorities?
Selling the Yankees, though? A team with a new park, an amazing history and a corporate and real fan-base unmatched anywhere else in baseball? If the Dodgers are worth $2.175 billion, a team with broke-down finances and a fickle group of fans, you can only imagine that the Yankees would fetch a price well north of that.
But, the Yankees are not for sale, at least not according to Hal Steinbrenner. And honestly, I don’t blame him. For a guy like Frank McCourt, the Dodgers were simply a means to an end. For a family like the Steinbrenners, the Yankees are a way of life. The Yankees without a Steinbrenner would be a like a snickers without the peanuts. Sure, it’s still tasty but it’s no longer a Snickers. It’s a Milky Way.
So yeah, I believe Hal. Even if I can’t help but picturing him responding to the question of selling the Yankees with a soothing, “I’m sorry, Dave. I’m afraid I can’t do that.”
The other part of the equation is that although the Yankees may be worth $2.5 billion today, just imagine how much they’ll be worth in another few years. The Yankees are more than a baseball team, they’re a global brand easily recognizable on the hats of millions of people around the world. There is practically no large city in the world where you can walk around without seeing someone wearing a Yankees’ cap. Hell, holding on to the Yankees isn’t even speculation. It’s just plain and simple good sense.
Meanwhile, the rest of us are going to have to be content with our possible billion dollar schemes. For me, that means dreaming of space asteroids and slowly going mad. ”Dave, my mind is going. I can feel it. I can feel it. My mind is going. There is no question about it.”
-A
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I am not fickle.
A good investment is just that. The Yankees will be owned by that family for generations to come.
–Mike