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Recession, Yankees can’t see it.

Recession, Yankees can’t see it.

By Chris Catalano

The New York Yankees once again heat up the hot stove by signing another super star. One day after they were handed a $26.9 million luxury tax bill, they decided once again to show no regard for money. With the signings of CC Sabathia, A.J Burnett and now Mark Teixeira the Yankees have spent now spent $796 in the passed two off seasons. To see a team throw around millions of dollars with no regard is a very enticing method to draw in past, current and future All Star free agents. But will it continue to draw in fans? When will an $8 beer no longer be bought, and a $200 seat not be sat in? As most Americans look to cut corners and save pennies, the Yankees are looking to buy a World Series ring. With the recent competition in the American League East, the Steinbrenners did what they know to do best, spend money. This may seem like an unfair advantage to small market team, but realistically they are better off. In the past 3 years, bigger contracts do not necessarily mean better results. Players like Andruw Jones of the Dodgers, Julio Lugo of the Red Sox and of course the infamous Carl Pavano of the Yankees have shown that dollar amount will not always equal production amount. Teams like the Devil Rays and Phillies have shown that the best way to win is by finding talent within your own organization. By the Yankees signing these free agents they are giving up all hopes of the draft by giving their draft picks to the Angels, Brewers and Blue Jays as compensation for signing their former Type A Free Agents. This may be a path that the Yankees will look back on in 5 years when contracts start to expire and finally realize that youth contributes to a team and a championship cannot be bought.

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