Yankees Owner, George Steinbrenner, Dies at Age 80 of Heart Attack

[HUGG]

I think this thread turning into a discussion of our wallets is a fitting tribute to Steinbrenner

[Branch]

It was my master plan all along, Hugg.

Seriously, Wallet in the front pocket is for kids. Men have it on the back pocket.

I somehow knew fip would be a front pocket guy...explains a lot.

Men also experience more back problems than women... Where's that "The More You Know" image when you need it?

Edit: OK fine Ramp

[Ramp]

be lazier moss, come on!

[DColts]

How George Steinbrenner Made Baseball Rich

Throughout his nearly four decades in the game George Steinbrenner was a lightning rod, with two suspensions by MLB and his penchant for hiring and firing managers.

But nothing irked fellow baseball owners more than Steinbrenner's lavish spending on players since he started doling out free agent contracts in the 1970s to stars like Reggie Jackson and Jim "Catfish" Hunter.

Instead of complaining, though, MLB owners should be eternally grateful for the success of the Yankees under Steinbrenner for a simple reason: He lined their pockets (in addition to his own) with millions of dollars annually.
Full Coverage: Steinbrenner's Legacy

The Yankees are one of the biggest draws in baseball when they are on the road. This year is no different with 35,400 fans on average buying tickets to see the Yankees in other parks, 1,500 per game more than any other team. More than 25% of MLB licensed merchandise sold is typically Yankee gear and this money gets split evenly among baseball's 30 teams.

The Yankees most direct contribution to other teams is through baseball's revenue sharing system where $433 million transferred from baseball's high revenue teams to its financial laggards in 2009. The Yankees were once again the biggest contributors to the revenue sharing pie with a bill of $125 million (the Yanks also paid a $25.7 million luxury tax on their high payroll). The Florida Marlins received the biggest revenue sharing check for the 2009 season worth $43 million or $6 million more than the team's entire payroll.

http://blogs.forbes.com/sportsmoney/...venue-sharing/

This brings it back to the topic.

[Party]

That is not entirely well thought out.

Maybe if the Yankees and Red Sox wouldn't be so dominant more (bandwagon) fans would find allegiances with their home/other teams and thus go to more games of different team's games and other merchandise. This happened in the '80s and early '90s when the Yankees were not good and attendance throughout the league was pretty good after stagnating in the 60s and early 70s.

The Yankees/Red Sox/Mets will always be the largest revenue producers because of market size but to say other owners have to be eternally grateful is retarded. Those teams are in the way of making the small market teams more money than they do now.