Bronx Bombers Slam Other’s Payroll Out The Park Out The Park!
NEW YORK — The Yankees did finish first in something last year - spending.
While its streak of AL East titles ended at nine, New York wound up with a record payroll of $218.3 million.
The World Series champion Boston Red Sox were a distant second at $155.4 million, according to information received by clubs from the commissioner’s office.
In addition to the largest payroll, the Yankees have the highest revenue in the majors. New York took in $415 million last year, giving about $100 million of it away in the sport’s revenue-sharing plan.
Both the Yankees and New York Mets will receive revenue boosts in 2009, when they move into new stadiums.
“We’re always working on increasing revenues, but it’s getting harder and harder to do,” Red Sox owner John Henry said in an e-mail to the Associated Press. “The Yankees and the Mets will be greatly helped by their new ballparks which look to be state-of-the-art. They seem very well designed to maximize revenues and to greatly improve the fan experience. The renovations we have been at work on within Fenway, the new ballparks in New York, Washington, Minneapolis — everywhere — these are great for baseball.”
(No Ratings Yet)
Loading ...
Email This Post