Quote of the Day
"He said the same things we are getting in the papers, but when you hear it from the foremost financial authority in the world, it has a bigger impact."
-- Rays Owner Stuart Sternberg, on former Federal Reserve Chair Paul Volcker speaking at the MLB Owners meeting Thursday (BLOOMBERG NEWS, 11/20).
Hal Steinbrenner Takes
Control Of Yankees
As if the move to a new ballpark was not enough, the Yankees truly are set to begin a brand new era amid the news that Hal Steinbrenner officially replaces his father as the face of the franchise. The move really does not change much behind closed doors for the team -- Hal will continue to run the day-to-day business and financial operations as he has the past two years, while older brother Hank will remain in charge of baseball operations. To the public, though, the move could be seen as a surprise, as Hank has undoubtedly been the more visible and vocal figure in the family recently. And while the Boss’ failing health made his decision to cede control to his sons a foregone conclusion, his departure leaves a legacy that will likely never be matched. The N.Y. POST’s Mike Vaccaro: “We will never see another like him.”
Tuna Fish On Wheat, Please
Golden boy Michael Phelps signs long-term, category-exclusive partnership with Subway.
Call To The Bullpen
MLB taps former Fed Reserve Chair Paul Volcker to discuss impact of economic crisis with team owners, front-office execs.
Brothers In Arms
Two Rooney brothers to sell entire stakes in Steelers, while others retain partial ownership.
Troy Polamalu will channel his inner Mean Joe in recreation of famous Super Bowl ad.
The Wonderful Wizard
Tax breaks clear way for $1B K.C. development to include new $100M MLS stadium.
Dodgers, White Sox looking for more than $1M for naming rights to new Spring Training facility.
The Clock Hits Zero
Legendary basketball writer Jack McCallum accepts buyout from Sports Illustrated.
Stirring The Beanpot
THE DAILY discusses the media, Boston sports with NESN President Sean McGrail.