How to Curb Yankees Spending? Introduce a Salary Floor

Posted: 1st December 2009 by Rick Milleman in MLB
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The New York Yankees have enjoyed their 27th World Series championship for about a month now, so letÆs look back on how they did it. Spending more on payroll in 2009 than the gross domestic product of more than a dozen countries worldwide will give you a fighting chance in most Octobers. Did the Yankees break the rules or do anything unethical? No. Are they playing on an uneven playing field that prevents other teams from acquiring the type of talent that the Yankees can accumulate? Yes. During the American League Championship Series, Torii Hunter joked, "Their payroll is what, $10 billion?" Obviously, Hunter was exaggerating, but was his point valid? Kinda. A team with that payroll should have the kind of fire power that mows down opponents, just like the 2009 New York Yankees d ...

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