YES for sale

by TLVP on Aug 2, 2007 8:28 AM EDT Comment 15 comments

according to Fortune YES is for sale see the link below:

http://money.cnn.com/2007/08/01/news/companies/yes_sale.fortune/index.htm

I guess given a $3-3.5bn price for YES George can afford the $200m/year payroll. Honestly if they sell YES where does that leave the team, most likely for sale as well the day George dies.

So what does Yankees post George compete? $200m per year will certainly be out of teh question. Will we get back to world were going to the post season is a major success?

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Nope

Steinbrenner's kid said just a few days ago that they aren't selling the team.

Fear the Evil Empire

by pfistyunc on Aug 2, 2007 8:33 AM EDT reply actions

If the network brings in 300 million a year, at about 150 million profit.
That pretty much runs the team.
They sell all the big games to ESPN and My9 anyways, so it's not a problem of reaching a target audience.

"Have faith in the Yankees, my son. Think of the great DiMaggio."

by jscape2000 on Aug 2, 2007 9:13 AM EDT reply actions

This makes no sense

by onehitwonder on Aug 2, 2007 9:56 AM EDT reply actions

A quote

"YES is jointly owned by the Yankees, investment bank Goldman Sachs & Co. (Charts, Fortune 500) , and former Nets owner Ray Chambers. Goldman and Chambers would like to cash out, YES and Yankees insiders say, and one source says to expect a deal by summer's end."

So it looks like they just need new partners.

by onehitwonder on Aug 2, 2007 10:00 AM EDT reply actions

Our chance ...

How many guys/gal blog on this site. I'm figuring if we each pony up what??? $20-30 million, we end up being in a very enviable position. C'mon dump the 401ks and let's get into the broadcasting bizz.

For those sitting on the fence, this is an opportunity to make a clean sweep of our broadcasting "talent".

"Baseball is the background music of my life." -George Will

by Ronster22 on Aug 2, 2007 3:13 PM EDT up reply actions

I'm in

I call dips on the play by play for road games.

"Have faith in the Yankees, my son. Think of the great DiMaggio."

by jscape2000 on Aug 2, 2007 3:20 PM EDT up reply actions

Dibs

obviously, I'm dyslexic.

"Have faith in the Yankees, my son. Think of the great DiMaggio."

by jscape2000 on Aug 2, 2007 3:20 PM EDT up reply actions

Me too

I have $2400 worth of feline to throw into the pot

Fear the Evil Empire

by pfistyunc on Aug 2, 2007 10:31 PM EDT up reply actions

Yeah

you probably get a bigger share than I do. If I sell all my books on Amazon, I might scratch together 1000.

"Have faith in the Yankees, my son. Think of the great DiMaggio."

by jscape2000 on Aug 3, 2007 10:44 AM EDT up reply actions

Struggling

Three kids has taken a huge financial toll, plus my wife just got breasts... I'm in for $4,500. I also request doing color for games in Baltimore, and Tampa Bay.

"Baseball is the background music of my life." -George Will

by Ronster22 on Aug 3, 2007 10:46 AM EDT up reply actions

Ok

that's Sterling and Waldman out.
Now we just have to eliminate Kay, Lieter, Singleton, Girardi, O'Neill, Murcer, Flaherty, Justice, Kim Jones, and Bob Lorenz.
This is definitely going to take the whole blog...

"Have faith in the Yankees, my son. Think of the great DiMaggio."

by jscape2000 on Aug 3, 2007 1:32 PM EDT up reply actions