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SBD/March 13, 2013/Franchises
Mariners Lower Payroll Despite Coming Off Another Season Of Reported Profits
Published March 13, 2013
EARNING THEIR PINSTRIPES? In N.Y., George Vecsey writes of the Yankees' Hal and Hank Steinbrenner, "The heirs of George Steinbrenner are quivering in front of the baseball luxury tax like any ordinary midmarket, middle-American weenie franchise.” While the Yankees have won only one World Series and two other pennants since '00, "it’s the sharklike intent that counts.” The team is “showing why heirs should not be allowed to inherit an estate.” The Yankees “did not get where they are by worrying about some luxury tax.” Also, the team's "diminished attendance" suggests that the Yankees "are not making the projected profits” (N.Y. TIMES, 3/13).