injectable female viagra online swiss medico buy nolvadex online with master card goodrx app for ipad meprate side effects phenergan and pregnancy medication doxycycline 100 mg for dogs order subutex 8mg chloroquine phosphate 250 mg dosage stent lawsuit calif cialis for sale vancouver buy kamagra ireland xanax side effects in dogs claritin dosage chart buy viagra melbourne generic lexapro walmart where to buy misoprostol online anafranil 10mg vicodin amlodipine besylate 2.5mg price mexico prednisone is avelox for sinus infection discount sildenafil citrate aldactone 100 mg lasix overnight no prescription drug aciphex medication frumil fortesta viagra online in italia chipest what is the price of viagra in india zovirax online today septrin antibiotic zovirax acyclovir ointment 5 order levitra online europe rx relief card reviews online medicans real kamagra fucidin over the counter uk can u shoot up baclofen anxiety disorder symptoms in women abilify generics free viagra sample salzarex manufacturer definition sore throat with clomid augmentin and alcohol consumption yasmin aga khan images lasuna jewelry warehouse seroxat cr 12 5mg percocet malegra 100 pro fastest shipping viagra avapro 300 mg seroquel side effects in elderly celebrex without prescription in canada diarex pro series silicone spray accutane buy pharma carafate 1gm tablets fasigyn tablets information now cialis on line acquisto sicuro cardinal stritch university milwaukee order zoloft without prescription provera period then spotting google searchviagra tretinoin gel buy buy vyvanse 70 mg online androgel testosterone gel for sale cytotec abortion pill acyclovir zovirax ru lipitor side effects muscle pain lawsuit trileptal 300mg pictures aldara treatment for genital warts citrate magnesium laxative doxazosin 8 mg price sildenafil citrate online uk relafen 750 mg tab sunsuria development sdn bhd directors chair what is prednisone used for online xanax no prescription fast delivery viagrabest online price fertility pills online primox muscle men tank vermox sciroppo quanto costa ventolin expectorant salbutamol purchasing ranitidine online purchase silagra ketazol venezuela lipvas cipla share omnicef side effects cefdinir drugstore cowboys band redustat reviews voltaren 75mg uses cefabiot cefuroxima normon buy viagra online legally tadalnafil aurochem blog advantage real estate moberly mo buy antiboitcs online fast fast viagra cialis combo packs legal viagra usa metformin with benfotiamine tablets xalatan generic bottle size cialis with priligy pills voltaren 75 mg get you high stanozolol cycle results zyvoxid prospect park amiloride diuretics metformin 500 mg tablet picture losartan 50 mg tablets picture online viagra 100ml progesterone side effects in women digoxina presentacion anxiety definition dictionary ornidazole & ofloxacin tablets reductil reviews buy metronidazole 750 mg cong dung renapril 5mg oxycontin decadron side effects dexamethasone patch xalatan coupon pfizer kemadrin injection molding nosipren lowest price car buy real cialis online vigra sales and best prices coumadin antidote vitamin k citalopram 20 mg pharmacy qsymia side effects reviews actos and bladder cancer female cialis testimonials ivermectin for cats dose cheap cymbalta 60 mg paypal no prescription pharmacy viagra grapefruitsaft diflucan side effects rogaine for women hair regrowth treatment allegra d side effects erectile exelon careers jobs prednisone for sale cheapest viagra ebay celecoxib 200mg over the counter rxdrugstore us antivert 12.5 mg tab viagra coupons canada accutane 40mg best price propecia in uk arthrotec medication uses duvadilan tablet 10mg epamin fenitoina buy gabatin medazole 500px mupirocin cream 5 mail order canada lasixs medicine side effect order viagra over phone viagra in johannesburg trimox 500mg capsule samonas prime moving & storage clonidine hcl 0.1mg for children terbinafine cream lamisil o long 100 oral jelly mupirocin calcium cream 2 costmycanadian exelon corp careers uthman lateef bactrim side effects rash diabecon prospect mortgage products similar to viagra clonidine hcl 0.1mg for withdrawals renagel 800 atenolol chlorthalidone tenoretic no presription finasteride buy viarga without a percription eulexin schering plough healthcare sinoemet for sale canada d amphetamine salts side effects buy stanozolol for dogs viagra online europe desogen patient reviews ornidazole dispersible tablets definition vimax patch testimonials cheap pills without a prescription dianabol stack cycle generic levitra price per pill zyrtec vs claritin vs allegra vs benadryl wife took cialis lamictal bipolar dosage ordering trazadon from india can you buy viagra over the counter online canada meds percocet dosage 7.5 singulair medicine coupons drug online no prescription needed sertralina efectos adversos de levotiroxina xalatan eye drops drug classification januvia generic oxybutynin medication for children nexium lawsuit viagra details in hindi orderpharma reviews 50 ovral l lagatrim tablets pham suport group aviane side effects levonorgestrel cialis in 3 days can buy ropinirole over the counter tetracycline 500mg viagra 2 tabletten online ohne rezept vitamin d deficiency confidex reviews of 50 diane rehm show friday news roundup avelox for sinus infections clonidine medication for children cheapest no prescription prozac canadian cialas super active buy cialis discreet zanaflex side effects dose keflex antibiotic for sinus infection pharmacy world periactin doxycycline cheap stromectol 3mg tablets discontinued fanegada conversion table of measurements buying std medicine fast what is the price of viagra at walmart prinivil side effects cough can i get terramycin ointment for cats and kittens at petco sialis mealworms viagra kauf levitra probe kostenlos picareta de diamante minecraft texture non prescription 400mg viagra alli from usa liquidex bodybuilding workouts amantadine 100mg where to buy it is periactin available in canada what is gupisone tablets lantus patient assistance program promethazine 25mg medication side effects ajax cialis online selling cytotec buy eldepryl online thyroxine hormone functions citrate of magnesia laxative bottles lipitor recall 2012 abcliposafe buy elavil with overnight shipping bactrim ds side effectsstevens johnson syndrome sky pharmacy online drugstore can i use latisse for eyebrows buy testosterone cream online indomethacin 50mg and alcohol contents of suhagra tablets avelox 400mg moxifloxacin dose how to get free viagra online best uk online pharnacy cephalexin monohydrate 500 mg dosage benoquin 20 monobenzone promethazine 25mg side effects tiotropium bromide inhalation powder generic lipitor ciprofloxacin 500 mg side effects retin a 0 1 pravastatin side effects dizziness temovate emollient amerimedrx scammers buspar side effects medications sarafem and weight gain cyclidox 100mg treatment amphetamine withdrawal symptoms drug furacin nitrofurazone dressing nizagara tablets india viagra without perscription cheap can you get high off of lisinopril stanozolol steroids and diabetes wintomylon bulacan femara fertility calendar bactrim dosage for staph infection androgel side effects for men bactrim and alcohol dianabol information methandrostenolone can you use zithromax for sinus infection sinequanone clothing philippines cheap cialis for sale lidocaine patch 5 discount coupons tofranil 25mg dopareel tablets 7 5 high school baytril for cats with bladder infection natural radiance testo cream for men danazol side effects endometriosis list of sublingual drugs mirtazapine for cats hairball vomiting levitra by mail celebrex 200 mg capsule how to make viagra at home floxin otic solution asacol hd 800 coupons bystolic 10 mg and grapefruit betneval lotion crafters daily viagra use buspar for anxiety in children elomet cream mometasone furoate ointment ciprofloxacin 500mg buy online safe chloroquine side effects malaria how to buy diclofenac gel cialis for women free sample zyvox prices macrobid and pregnancy side effects how to bay save viagra online pharmacey albuterol over the counter cuckold definition slang avelox antibiotic avelox side effects sinusitis treatment arthrotec medication coupon grifulvin griseofulvin pediatric dose biaxin xl 500mg pack proventil mexico claravis side effects changes in eye color tylenol 3 information keeflex sale www cheapestvigorapills order chlamydia antibiotics alli 120 generic sildenafil capsules insurance marketplace allercet tabletsalliallopurallpills over the counter viagra vips pharmacy ordering synthroid zyrtec 10mg antihistamine glucophage weight loss reviews lowest prices for cialis clobex shampoo drug on line pharmacy ampacillin duetact generic cialis atomoxetine hcl generic alternative to cialis levita buy order cialis greece buying drugs online is easy but illegal albuterol inhaler dosage chart vigorex capsules malaysia buy viagra with paypal account phentermine adipex without doctor aldactone 50 mg bid viagra south africa ampicillin 500mg capsules side effects zantac coupons 2014 sustiva copay assistance program cialis delivered switzerland farmacias sin receta zovirax cream treatment maxalt dosage instructions tramadol for dogs dosage topical minoxidil for women side effects buy isosorbide dinitrate subutex treatment doctors shop viagra buy acivir cream micardis hct manufacturer coupons hydroxyzine dichlorhydrate vistaril for anxiety medication zyvox non prescription otc tenormin can u get high off of etodolac clavamox without an rx viagra en pharmacie valtrex side effects side effects probenecid gout medication buy doxycycline online cuvarlix pharmaniaga berhad tylenol dosage for infants laxifen tablets computers flomaxtra sr viagra tablet price omeprazole dr 20 mg capsules escitalopram 20 mg picture dalacin t solution estrofem effects in menestrotab contraceptive pill online uk clozapine medication administration excite pills topiramate 25mg what is it for prevacid 30 mg side effects clomipramina prezzo amoxicillin 500mg capsules dosage amoxiline 500amoxilsalesamoxycillinamphetamine tizanidine hcl 4mg buy stromectol canada with mastercard digoxina 0 075000051 generic brand of clomid at walmart hydroxyzine pamoate 50mg side effects amikacin sulfate mechanism of action thyroxine binding globulin levels casodex side effects bicalutamide womens viagra purchase cialis profesional careprost eyelash growth solution unisom and pregnancy category azulfidine sulfasalazine dosage for dogs zovirax tablets over the counter buy cialis in dubai revia medication vs. campral tadalafil 100mg reviews venlafaxine xr without a prescription buy fda approved cipro levamisole wormer for goats for sale frumil diuretic medications healt prednisolone to buy albenza for pinworms 200mg pills antifungal for people buy modafinil pakistan ospamox 1000mg sandoz staxyn 10mg coupons sildenafil blueberry 100 lisinopril 5mg tablets zestril lisinopril irbesartan 150 mg tablets and grapefruit minocin side effects doctor 50 mg viagra cheap canadax puretone music cheap pharmacy canada cilias cheap cialis canada pharmacy skelaxin 800 mg metaxalone dosage what are cycline drugs betneval neomycine femara fertility side effects abilify medication side effects free viagra samples clomiphene citrate 50 mg kaufen fuenllana centro educativo cocoyoc map of abana river betanoid syrup voltaren forte warfarin rat poison advertisement where to buy estrofem buying antibiotics online from canada viragratablets with prescripion adalat sony tv levitra order online cialis kaufen paypal viagra delivery gonorrhea medication online best way to use cialis cheapest generic viagra canadian 80 cialis generic water pills gnc unisom side effects doctor canada pharmacy viagra no prescription prozac withdrawal symptoms how long do they last chlamydia discharge pictures in women can i buy viagra in cvs pharmacy 387 medazole 200mg to ml withdrawal symptoms of prilosec fast delivery valtrex online proper viagra dosage platno za tende buying alli from canada viagra price in pakistan karachi list pills get you high buy antabuse australia uk no prescription vicodin pills fir sale in montreal cialis and ecuador orlistat over the counter hyzaar side effects medication plavix manufacturers lexapro coupons prevacid side effects long term use buy soloxine no rx needed diclobru tablets computers anxiety medication list otc arthritis gloves hands walmart flomax medication for kidney stones tryptizol drugstore ritalin generic names erythromycin no script maxalt side effects blood pressure bystolic cost without insurance reductil customer reviews toprol medication side effects neurocet with apresflex and fruitex b calcium strattera no script lantus insulin dosage chart lamisil spray for nail fungus ventolin inhalers online laxifen medicina alternativa uroxatral vs flomax discussion groups in the classroom doxycycline spots budesonide drug information remeron generics buy cialis online usa prandin 2mg side effects vipps viagra cialis review from sears generic viagra paypal buy clopidogrel side effects medication drug interaction pet meds canada prozac for sale online canadian drugstore no prescription suhagra 100 discount los angeles cialis on line ordering nexium online cheap viagra prescription topiramate 25 mg vrdrug complaints against companies champix side effects drug cefadroxil and alcohol use arimidex for sale us proventil inhaler promethazine 12.5mg suppositories tretinoin paypal
Home Maury Brown The Anatomy of a Yankees Spending Spree

Like Shoot to Thrill - An AC/DC Tribute on Facebook!

An authentic tribute of AC/DC that covers the best of the Bon Scott era and the best of Brian Johnson's material

Who's Online?

We have 582 guests online

Atom RSS

The Anatomy of a Yankees Spending Spree PDF Print E-mail
User Rating: / 2
PoorBest 
Written by Maury Brown   
Monday, 22 December 2008 12:58

New York Yankees

The Yankees are spending more for
free agents this off-season, despite
the recession due to a number of factors.

As the New York Yankees go, most everything they’ve touched since George Steinbrenner purchased them in 1973 has been done on a grand scale. Few, if anything, is done small, and this off-season is no exception.

To say that the Bronx Bombers have been on a free agency spending spree may redefine the term. The signings of C.C. Sabathia and A.J. Burnett total $243.5 million, if the contracts run their full course (and according to The AP, by the time the Yankees open at Baltimore on April 6, Sabathia already will have received $6 million of that bonus plus $3.5 million of next year’s salary). And, the Yankees may not be done as there are reports that they are in the mix for Mark Teixeira, a deal that may garner close to $200 million, and/or Manny Ramirez, who is rumored to have been offered a 3-year, $75 million deal by the club.

With the money being thrown around, one can look at some key situations that set the Yankees in motion on this spending spree in the midst of the worst recession in 80 years.

Not Landing Santana – The beginning of this spree most likely has its roots a year ago when the cross-town Mets landed Johan Santana as opposed to the Yankees. Hank Steinbrenner, who now is the voice of baseball operations while younger brother Hal is now Chairman of the Board for the Yankees, said after the season that if he were in control then, as he is now, he would made a push for the ace.

“[Would] Santana have made enough of a difference with all our injuries [in 2008]? I don’t know,” Steinbrenner said. “It certainly would have made us a lot closer.”

Missing the Playoffs for the First Time in 14 Years – As Hank Steinbrenner noted, Santana may have helped, but it’s not entirely certain whether he would have made so much of a difference as to help the club make the playoffs. With Chien-Ming Wang, catcher Jorge Posada, pitcher Joba Chamberlain and slugger Hideki Matsui hit with injuries, the Yankees were cobbled most of the season. For the first time since 1994, the Yankees failed to reach the playoffs, something that must have seemed unfathomable for the Yankees where anything short of winning the World Series is deemed an unacceptable year.

Shedding Player Payroll in Preparation of an Aggressive Off-Season – The Yankees primed the pump for an aggressive pursuit of key free agents by shedding contracts at the beginning of the off-season. Jason Giambi ($22 million club option), Mike Mussina (contract not renewed, opted to retire), Carl Pavano ($13 million club option), Andy Pettitte (has yet to renew with the Yankees and is a free agent) and Bobby Abreu ($16 million club option) all came off the books this off-season. All told, more than $80 million was freed up to work with this off-season.

New Yankee Stadium and Tax-Sheltering – The biggest catalyst for the spending involves how the latest CBA is structured as it pertains to new stadium development. Clubs may write off a portion of their revenue-sharing obligation by deducting bond payments and maintenance costs. By cutting those costs, at a 31 percent rate that is assigned the Yankees as part of the CBA, they are sheltering a sizable chunk of change. Granted, the Yankees pulled in more revenues in 2008 (the All-Star Game, along with interest in the final year of The House That Ruth Built), which may offset what ever tax sheltered revenues that new Yankee Stadium offered this year by way of the CBA (the latest revenue-sharing figures have not yet been released), but the Yankees will continue to use the CBA’s sheltering mechanism throughout 2009, a further incentive for the Bombers to go on the spending spree.

But, the biggest loophole for the Yankees involves the tax-exempt bonds issued to build new Yankee Stadium. Nearly all of the $967 million in bonds that have been issued are tax exempt. To add more salt to the taxpayers’ wounds, the club is looking for an additional $259 million in bonds, all tax-exempt, as well.

The Perfect Spending Storm – Throw all these factors together, and what you have is the perfect Steinbrennerian storm for going after free agents with reckless abandon this postseason. The question is, will it all add up to the baseball promise land of a World Series win, something not done by the Yankees since 2000? The “spending wildly on free agents” model is something that few clubs employ anymore. Only the Yankees embrace it so fully, because the Yankees are the only club that can do so in this recessionary climate. What is certain is that Brian Cashman, Joe Girardi, and Hank Steinbrenner will be under pressure to make it all work. If it doesn’t work for the Yankees, then 2009 will be the mold christened “spending for spending sake" by which all others will be judged.


Maury BrownMaury Brown is the Founder and President of the Business of Sports Network, which includes The Biz of Baseball, The Biz of Football, The Biz of Basketball and The Biz of Hockey. He is contributor to Baseball Prospectus, and is available as a freelance writer. Brown's full bio is here. He looks forward to your comments via email and can be contacted through the Business of Sports Network.

Don't forget to register and log in on The Biz of Baseball site to get updates via your in-box, and see information only logged in members can see.

Subscribe to The Biz of Baseball

Add to GoogleAdd to My Yahoo!

Subscribe in Bloglines


 
 
Banner

Poll

Should MLB Force Jeffery Loria to Sell the Marlins?