Hal Steinbrenner openly wonders if $300-plus million payroll is needed to win World Series
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Join Post Sports+ for exciting subscriber-only features, including real-time texting with Greg Joyce about the inside buzz on the Yankees from spring training TAMPA — Not long ago, Hal Steinbrenner was saying a team shouldn’t need a $200 million payroll to win a championship.That number now has increased to $300 million, and before long, he may be saying it about a $400 million payroll. In the meantime, the Yankees’ luxury tax payroll currently sits around $307 million to $308 million — above the highest tax threshold of $301 million, which Steinbrenner insisted is not the concern. “The concern to me is … should I really need a $300-plus million payroll to win a championship?” Steinbrenner said Friday.“Does having a huge payroll really increase my chances that much of winning a championship? I’m not sure there’s a strong correlation there. “Having said that, we’re the New York Yankees.
We know what our fans expect.We’re always going to be among the highest payrolls.
That’s not going to change.Certainly didn’t change this year.
We’re right there.” The Yankees’ luxury tax payroll last season was $316 million, according to the Associated Press (though Steinbrenner said Friday it was $310 million), which was the third-highest in the majors.The Dodgers, who beat the Yankees in the World Series, led the way at $353 million, while the Mets came in at $347 million. Sign up for Inside the Yankees by Greg Joyce, exclusively on Sports+.
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Enjoy this Post Sports+ exclusive newsletter! One way for teams to be successful without the highest payroll is by developing impact players from their farm systems to help supplement established stars and veterans.Steinbrenner pointed to Anthony Volpe, Austin Wells and Luis Gil as examples of that, though the Yankee...