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Old 01-07-2006, 03:31 PM   #15
deeman11747
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Join Date: Feb 2003
Location: NY
Posts: 3,194
Re: The 2006 New York Yankees

Quote:
Originally Posted by nkhera1
What is the Yanks actual payroll? I heard they trimmed it down to about 175 million, and is true that the Yankees lost 50 to 70 million dollars or is Steinbrenner hiding the money under the table(metaphorically speaking).
Right now they're at $175 million like you said and what happened was Steinbenner "mistakenly" underestimated the value of the YES Network and since its part of the Yankees revenue... he's going to have to pay back the money in revenue sharing that he has't paid because of this undervaluing.

Its all BS but he was gonna get caught as soon as someone took the time to notice.
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