At Baseball Daily Digest, I argue that the Yankees’ unlimited amount of money isn’t the cause of baseball’s financial inequalities; it is an effect.
Any fan would love to have George Steinbrenner as the owner of his or her favorite team. Steinbrenner clearly has a personal – not to be confused with financial — stake in the success of his team and would sail to the edge of the Earth to put his team in a great position to succeed. Conversely, we would all hate to have Pohlad as an owner because his actions bespoke viewing the players as dollar signs. Star free agents gave Pohlad nightmares of money being thrown out of a Rolls-Royce convertible on a windy day in the Hamptons.