Originally posted on Baseball Prospectus  |  Last updated 5/25/12
The New York Daily News made waves on Thursday, when they cited unnamed sources in publishing a story stating that the Steinbrenners were "exploring the possibility of selling the Yankees." With the $2 billion sale of the Los Angeles Dodgers recently, the Daily News reported that "experts estimate [the club] could be worth up to a stunning $3 billion." If you ask Hal Steinbrenner, however, he'd say that the newspaper was trying their hand at speculative fiction: "I just read the Daily News story. It is complete fiction. Me and my family have no intention to sell the Yankees and expect it to be in the family for years to come." Others seemed just as skeptical of the report, with some even reporting that, due to the trusts set up by George Steinbrenner before his death, it'd be almost impossible for Hal and Hank to sell the team today. Maury Brown has a breakdown of the "non-story" at Biz of Baseball. I, however, like the idea of this fictional sale of the Yankees. After all, ...
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