Red Sox Fans Will Despise New Quote From Yankees’ Hal Steinbrenner
Boston Red Sox fans have a new reason to scoff at the New York Yankees. New York’s owner Hal Steinbrenner made comments on Monday suggesting that it’s not fair or accurate to characterize the Yankees as a profitable franchise, per MLB.com’s Bryan Hoch.
Steinbrenner asserted that more people should, “talk about (the Yankees’) expenses, including the $100 million dollar expense to the City of New York that we have to pay every February 1, including the Covid year. So it all starts to add up in a hurry.”
According to The Athletic‘s Chris Kirschner, Steinbrenner’s comments came in response to a question about the Yankees’ reported $700 million revenue.
Steinbrenner’s remarks were jarring, to say the least. It’s unbelievable to imagine that the Yankees, arguably the most storied franchise in the history of the sport (and one of the most powerful) fails to make a profit on a year-to-year basis.
But was Steinbrenner speaking in earnest? X user @chinzoON1 made a case in defense of Steinbrenner:
“If (the Yankees) recorded $689m in revenue. Payroll is $300m for players. $100m for NYC. That leaves $289m for all other employees and expenses. 2024 I believe they operated at a $2.1m profit. He’s not wrong here.”
Meanwhile, X user @JasonLucarelli took a more humorous approach in their response to the story, wondering whether someone should step up to the plate and purchase the Yankees from Steinbrenner:
“I’m sure there are plenty of buyers who would line up to purchase this struggling franchise if Hal needs to cut his losses.”
Red Sox fans are sure to have a field day with this one, as are fans across Major League Baseball, for that matter. If the Yankees are looking for sympathy for their $100 million owed to the City of New York, they might be out of luck.

