By Blaidd Drwg
It appears there was a report somewhere the Steinbrenners might be considering selling the Yankees, which, of course, they are denying. Brian Cashman, like a good company man, chimed in on this:
“It’s highly unlikely the family would consider selling,” he said to ESPNNewYork.com. “Every impression I have gotten from Hal leads me to beleive they plan to be involved in this for generations to come and pass it on to their children.”
The Steinbrenners are worth a lot of money without owing the Yankees, thanks to the family shipbuilding business. I don’t think you will see the family own the team forever, and I can see them selling the team for a number with a lot of 0’s in it in the next few years. It is strange though – a team that had a reputation for having a revolving door at manager for so long actually has had the longest running ownership group in baseball, since 1973. Only 3 other teams currently have the same owners for longer than 20 years – White Sox and Phillies (both owners bought the team in 1981) and the Twins (purchased in 1984).
My favorite line in the article (the bold part specifically, added by me):
The Daily News, citing anonymous sources, said that the market for premier teams, the departure of key Yankees veterans and the fact that Hal Steinbrenner is frustrated by baseball’s bloated salaries have conspired to make the family explore the possibility of selling the team.
Steinbrenner is frustrated by the system that his father created which has allowed them to make billions and has made the Yankees one of the most recognizable brand names on the planet? Really?
FlatbreadGarden 