Recession? Don't Ask The NY Yankees About It

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Recession? Don't Ask The NY Yankees About It

Post  Cincy Fan 44 on Tue Dec 23, 2008 11:27 pm

http://www.sportsline.com/mlb/story/11189083

NEW YORK -- Keeping up an unprecedented spending spree, the New York Yankees added Mark Teixeira to their collection of pricey free agents when they reached a preliminary agreement on a $180 million, eight-year contract with the first baseman.

Two people familiar with the negotiations disclosed Tuesday's agreement, which is subject to a physical. They spoke to the Associated Press on condition of anonymity because the deal was not yet final.

With Teixeira's deal, the Yankees have lavished $423.5 million on three new players, a figure dwarfing the economic might of the other 29 clubs. Just last Thursday, the Yankees completed agreements with two prized pitchers, giving CC Sabathia a $161 million, seven-year contract and A.J. Burnett an $82.5 million, five-year deal.

I hope the Damn Yankees miss the playoffs for the next 8 years! I guess it must be nice to have an ownership group that spends money to win, but numbers like this just make me sick all the same.

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