This is exactly how I feel about MLB and the Yankees

#26
#26
volfanbill said:
Yes, there are more shops and garages than before. Also I am assuming the new stadium seats more. To add to it, even for yankee stadium, the new stadium brings more tourists which brings in more hotel and restaurant tax revenue. I would throw increased shopping tax revenue as well. Outsiders spend way more money in a city than a local would.
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the new stadium seats almost 5,000 less than the old one. 57,000 for the old one, 52,300 for the new one. Once again, they are the yankees and all games sell out. If you read that article it talks about all of that
 
#28
#28
dantheman617 said:
the new stadium seats almost 5,000 less than the old one. 57,000 for the old one, 52,300 for the new one. Once again, they are the yankees and all games sell out. If you read that article it talks about all of that
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Interesting about the seating. However, I stand by the more tourists wanting to see a new stadium, thus more money pocketed by NYC
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#29
#29
Also according to espn.com (I don't know how to link on a mobile), the yanks only averaged 53.5 per game. That isn't a sellout average.
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#30
#30
dan4vols said:
I don't think Atlanta has but ya got me there, even though it is ridiculous for a major league team to expect a city to support their policy on outrageous salaries thru the backdoor with few titles considering the roster.
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Don't forget that Turner Field wasn't originally Turner Field. The Braves got a new stadium out of the 1996 Olympics.
 
#31
#31
dan4vols said:
Much like the Dallas Cowboys everybody likes seeing a team with a bought all star at most positions you love seeing the money fail to bring home the title. It's chemistry among the roster and fundamentals execution that win titles, not salaries.
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Screw the Stealers. How's that for an equally out of place jab at an NFL team? :)

Point is you can't buy all the talent in the other major sports because of the salary cap.

I'm not for or against one in baseball, but I will say this: Considering how much the Yankees spend now to be an above average team, if baseball did have a salary cap I have little doubt that they would turn into one of the worst teams in MLB.
 
#32
#32
The Yankees are $20 million under last year's salary cap.

And an MLB team has nothing to do with struggling families. The Yankees have a budget generated by their multiple arms of business and they have not exceeded it yet. So what if there are struggling families...what are they going to do about that by not spending money they have to spend?

That would just mean the Steinbrenners are pocketing more money for themselves instead of spending it on a team that millions of people live and die by.

And, I really do think there should be a salary cap, but you cannot avoid injuries and other intangibles, and even with the Yanks outspending everyone else (which in turn goes to your respective team through revenue sharing), half of the MLB teams in the last decade have been to the WS, and 9 different teams have won it in the last decade.

So, basically the only fall out from the Yankees spending so much is that your team may have missed out on a particular player you may have wanted.
 
#35
#35
doozer said:
perhaps one of the greatest ideas for justifiably building a new stadium.
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It definitely made perfect sense. The old stadium was one of those awful cookie cutter stadiums that was completely outdated anyway.
 
#36
#36
Baseball puts in a luxury tax and the Yanks spit at that. Wouldn't the goal be avoid a luxury tax?
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#37
#37
robvols said:
Baseball puts in a luxury tax and the Yanks spit at that. Wouldn't the goal be avoid a luxury tax?
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Not if your pockets are deep and you want to win at all costs.
 
#38
#38
So I've read the article so far and here's just a few things: It's two years old, everyone knew in 2006 that he was stepping down soon, and he gave it to his sons, not Swindal. Also, if the author really believes having increased suites in Yankee Stadium isn't going to drive up profits, he has no idea how ticket profiting works. They are going to go from 19 suites to 56. That will definitely drive up profit margin. Finally his topic sentences, which he pushes as facts don't support his very weak "sources". I disagree with it being a good read.

However, I am now going to shoot myself for defending the Yankees so strongly.
 
#39
#39
by the way, I just want to point this out... This is the collection of outfielders the Yankees have to choose from. Keep in mind, three, if not four (counting DH) have to play every day:

Brett Gardner (CF), Johnny Damon (LF?), Xavier Nady (RF), Hideki Matsui (LF, DH), Melky Cabrera (CF) and I'm assuming Nick Swisher goes back to the outfield to fill in any voids.

Is anyone really afraid of this outfield offensively or defensively? Damon is getting old and is only going to look older. He might hit .300 again, but his RBI and HR totals aren't going to strike fear into anybody. Nady had a career year last year, but he's probably going to return to his old .275 BA under the bright lights. The Yankees have to hope they never need to put Matsui in for defense. They got Swisher for somewhat cheap, but he's still overrated.
 
#40
#40
The Yankees misrepresented property values of Bronx land to the IRS for purposes of getting tax breaks from the federal government and tax free bonds.

Any taxes generated from the new stadium will be offset by the fact that NYC will not charge the team rent or property taxes.

To date, new Yankee stadium has created 15 new permanent jobs; the organization promised 1,000. I don't see that happening unless there's a Volkswagen plant under the playing field.
 
#41
#41
The Dude said:
The Yankees misrepresented property values of Bronx land to the IRS for purposes of getting tax breaks from the federal government and tax free bonds.

Any taxes generated from the new stadium will be offset by the fact that NYC will not charge the team rent or property taxes.

To date, new Yankee stadium has created 15 new permanent jobs; the organization promised 1,000. I don't see that happening unless there's a Volkswagen plant under the playing field.
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NYC will be getting far more in taxes than they could ever get out of renting the same space. Also while it might not total 1000 jobs, Yankee jobs would just now be beginning to get filled. No reason to hire in November and December. Throw in that the new park, shops and garages aren't built yet and it is no wonder new jobs haven't been filled.
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#42
#42
The yankees have been trying to buy world series championships for years. It hasn't helped their cause to much lately. I just have fun watching them pay all that money out and due a belly flop every year. Now thats entertainment.
 
#43
#43
volfanbill said:
NYC will be getting far more in taxes than they could ever get out of renting the same space. Also while it might not total 1000 jobs, Yankee jobs would just now be beginning to get filled. No reason to hire in November and December. Throw in that the new park, shops and garages aren't built yet and it is no wonder new jobs haven't been filled.
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Of course the new park will generate more tax dollars, that "old space" is the old city park where the new stadium now sits. The one that's being relocated in a commercial area away from the previous residential one. Now the south Bronx residents get to walk an additional 20 minutes to go play on the field or walk on the track. I don't know the lease arrangement for the old Yankee stadium, but I'm guessing the Yanks actually had to pay rent and property taxes. By that logic you could say they're losing tax dollars where the new park will be constructed.

The NY or federal government has mandated that there will be less parking and less employees will be needed for the garages. My bet is the number won't even come close to 1,000. That was a number thrown out there to garner public support.

Statistics have long dispelled the thought that new stadiums bring new jobs to the cities or cause economic growth, let alone one being built right beside the old one, with less seats and less parking.

Economist Robert Baade of the Heartland Institute, an Illinois think tank, analyzed the effects of professional sports teams and stadiums on economic development in thirty-six metropolitan areas. The results, he found, overwhelmingly indicated that professional sports is not statistically significant in determining economic growth rates. Baade showed that stadiums led simply to a realignment of jobs away from other leisure activities as well as from manufacturing.

Government-subsidized stadiums usually benefit team owners and players at the expense of the taxpayers and the fans, Baade's work revealed. Subsidies encourage waste, inefficiencies, and inflated salaries. Stadiums built at taxpayer expense often become huge liabilities and require perpetual bailouts.
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#44
#44
Taxpayer-funded stadiums are always a loser for the taxpayer. Always. You have your construction jobs for awhile, sure, and you have your increased tourism/hotel revenue, but you'd have to sell a hell of a lot of extra beer and chicken wings to make up for the $450 million that the taxpayers are apparently going to shell out for New Yankee Stadium. That's a half-a-billion-dollar gift from the people of New York to the richest franchise in American sports so that they can make even more money. Plus apparently the Yankees get to stop paying rent from now on. These new-stadium extortions are almost all a disgrace, but this one seems even worse than most of them.
 
#45
#45
It's easy to hate the Evil Empire now, but what have they proved? Nothing.

The games have not been played yet, pitchers and catchers haven't even reported! When it comes down to it, who's to say the Yankees won't collapse? They've built this team upon money, not chemistry, and that's just a blueprint for failure in my book.
 
#46
#46
Never understood why people get so pissed at those that can afford to pay these players. If your team was able to do it, you probably wouldn't be so upset now, would you? Why does it even matter to the fans how much an organization can pay players, or is willing to pay players to be more correct? I don't get pissed at other teams that shell out that kind of money for other players. It really doesn't affect me one bit.
 
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