Fortune: YES network on the block

Since the Yankees are paying a huge share of the costs of the NEW Yankee Stadium, the Yankees' debt service will increase substantially. This will keep them out of the luxury tax system for a while.

 

It will also increase overall valuation of team.

 

I say we start chipping in. Move that Boomer fund over here.

 

No. I generally don't like the idea of owners being in any sports Hall of Fame. On rare occasions, general managers or founders who have a huge impact, like Branch Rickey or people who build a team. Having owners in a Hall of Fame is like allowing people to buy their way into the Hall of Fame.

 

That's exactly how Tom Yawkey got into the Hall of Fame - big donations. He's in - for what? - and guys like Jacob Ruppert are not.

 

If I'm not mistaken, his sons never really wanted to run the team anyway, but have been thrust into that role since the son-in-law became the ex son-in-law.
Wonder if that's not at the root of eventually selling?

Also, how could the network get 3 billion and the team only 1.5?

 

Those Centerstage with Michael Kay shows are worth a bundle.

 

From what I've heard, his sons are interested in making their own names and not so interested in owning the Yankees, which has fed the speculation that the team would be sold. The really interesting thing is that if they're sold and the new owners cut payroll, a handful of other teams will suffer because of the decrease in shared revenue. Amazing how much impact Steinbrenner is having on the game that way.