Rumors are flying that the Yankees might be for sale.
“Hal’s a smart businessman,” the source said. “And I’m just not sure that he considers baseball to be a smart business. I think he looks at some of these other owners, throwing $200 million at players and thinks they’re idiots — idiots that unfortunately can affect the way he does business. [...]“
This makes total sense to me. The Steinbrenner kids were never fans like their father, and with the amount that the Dodgers sold for, they’d be stupid not to listen to offers. The potential problem is that some large corporation or group of investors will buy it, will have no passion for the game (like the Steinbrenner kids), and will just run the team as an investment. How did that work out for CBS? I might like to see some sort of public ownership, à la The Green Bay Packers.
Update: Unsurprisingly, Hal Steinbrenner denies the rumor.