Comments on: Weekend Diversions: The Yankees and Your Investments http://thecuriousinvestor.com/2008/04/05/weekend-diversions-the-yankees-and-your-investments/ A stock market and investing blog for the curious Tue, 08 Dec 2009 07:09:51 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Dan Hung http://thecuriousinvestor.com/2008/04/05/weekend-diversions-the-yankees-and-your-investments/comment-page-1/#comment-7626 Dan Hung Wed, 02 Apr 2008 06:28:08 +0000 http://thecuriousinvestor.com/?p=297#comment-7626 Full Disclosure: Some of you may know that I'm a Red Sox fan and before you start whining about how the Red Sox are "just as bad", please do check the full list of payrolls in the link in the post. You'll find that the Red Sox are scheduled only to be paying $133 million for their major league team this year. That puts them at 4th in the rankings with both the Mets and the Tigers ahead of them at about $138 million. In fact, while the Red Sox were ahead of the curve in escalating their payroll, it would seem that the rest of the league has caught up very quickly. This year, 9 teams are paying above $110 million and 11 above $100 million. Full Disclosure: Some of you may know that I’m a Red Sox fan and before you start whining about how the Red Sox are “just as bad”, please do check the full list of payrolls in the link in the post.

You’ll find that the Red Sox are scheduled only to be paying $133 million for their major league team this year. That puts them at 4th in the rankings with both the Mets and the Tigers ahead of them at about $138 million. In fact, while the Red Sox were ahead of the curve in escalating their payroll, it would seem that the rest of the league has caught up very quickly. This year, 9 teams are paying above $110 million and 11 above $100 million.

]]> By: Dan Hung http://thecuriousinvestor.com/2008/04/05/weekend-diversions-the-yankees-and-your-investments/comment-page-1/#comment-7625 Dan Hung Wed, 02 Apr 2008 06:25:06 +0000 http://thecuriousinvestor.com/?p=297#comment-7625 I have to admit that I left out the fact that the Yankees have retooled the lower end of their "bond ladder" quite quickly with the additions of Chien Ming Wang, Joba Chamberlain, Ian Kennedy, Phil Hughes, and Robinson Cano. It's possible that in a few years we'll see the Yankees getting much better return on their investment in payroll. But, it will take them some time to clear some of the poor performers out of their books. I have to admit that I left out the fact that the Yankees have retooled the lower end of their “bond ladder” quite quickly with the additions of Chien Ming Wang, Joba Chamberlain, Ian Kennedy, Phil Hughes, and Robinson Cano. It’s possible that in a few years we’ll see the Yankees getting much better return on their investment in payroll. But, it will take them some time to clear some of the poor performers out of their books.

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