New York – New York Yankees Say They’re Not For Sale

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    New York Yankees starting pitcher Hiroki Kuroda throws against the Toronto Blue Jays in the third inning of their MLB American League East baseball game against the Toronto Blue Jays in Toronto, Canada, on 16 May 2012.  EPA/WARREN TODANew York – The New York Yankees say they aren’t for sale.

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    The Daily News reported Thursday that there were rumors in Major League Baseball and New York banking circles that the Steinbrenner family “is exploring the possibility of selling the Yankees.”

    Not so, says Yankees managing partner Hal Steinbrenner.

    “It is pure fiction,” he said. “The Yankees are not for sale. I expect that the Yankees will be in my family for many years to come.”

    Hal’s father, George Steinbrenner, headed a group that bought the Yankees from CBS Inc. in 1973 for about $8.7 million net. The elder Steinbrenner died two years ago.

    Yankees president Randy Levine also says the team is not for sale and that, “we have not told anyone or indicated to anyone that it’s for sale.”

    Franchise values have been given new focus since the Los Angeles Dodgers sold on May 1 for $2 billion.

    In order to disclose financial records to potential investors, the Yankees would need to notify the commissioner’s office.

    “Major League Baseball has received no indications from any representatives of the New York Yankees or anyone else that the club is for sale,” the commissioner’s office said in a statement.

    If the Yankees ever do go on the market, one bidder to count out is Mayor Michael Bloomberg.

    “I have front row tickets which cost a fortune,” Bloomberg joked to reporters. “That’s as much as I can afford.”


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    5 Comments
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    11 years ago

    Ichud the group that organized the Citifield affair against internet, want to purchase Yankee Stadium.
    They spent nearly $6 million the first time around. Money is no object.

    katzala
    katzala
    11 years ago

    קיופין אותו עד שיאמר רוצה אני

    5TResident
    Noble Member
    5TResident
    11 years ago

    Its crazy expensive to go to a baseball game now anyway. I was at Citi Field at a Mets game with my two sons a few weeks ago. The bill for six kosher hot dogs (two for each of us) and three Pepsis was $50. Throw in the $20 for parking and the $90 for souvenirs (had to buy for my two daughters too) and the evening cost me $160. And that’s WITHOUT paying for the tickets to the game!