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According to the Houston Chronicle, LHP Andy Pettitte has told the Yankees he will return to pitch for them next season.
The two-time All-Star is 201-113 with a 3.83 ERA over his 13-year career, and 18-7 with a 3.97 over 35 postseason games.
…it will be interesting to see how this impacts the Yankees quest for LHP Johan Santana, if it impacts it at all…
…thanks to ravi j for the link…
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Pettitte is a class act. He could have exercised his option, but thought he wasn’t worth the huge contract. He took his time, felt good about the decision, and now will negotation a contract to play. I wish all players were that classy.
What, are you his agent?
i wish i was.
I think it’s naive to think he won’t get at least as much as what the option year called for. I’m sure his agents made sure of that.
If Pettitte comes back and Santana goes to the Bronx, then they will have a strong rotation to compete with Boston. But they may have the world’s first $300M payroll for a sports team! What a joke.
Joke? True enough.
They’ll all be laughing while they’re spending their WS Championship bonus checks, that’s for sure.
Oh, the players themselves don’t mind. Of course not. But others around the league, as well as fans around the country will only see it as “buying” their way to the top. It’s perverse. It’s obscene. But, hey, it’s the Yankees.
Personally, I’m glad I don’t root for a team like that. I don’t think I could.
Sure you could.
If you were already rooting for a team, and then they began to spend like that you’d be alright with the run on championships that your team “bought”.
Hey, I hate the Yankees too. But you can’t blame them for taking the money they make and investing it back into the team. The revenue sharing system went a long way towards sending money to the smaller market teams, and the large market guys can’t be blamed if teams like the Royals and Twins would rather take that money and put it right into the owners’ pockets than spend it on FA players to get their teams back into contention.
Accusing the Yankees of “buying” championships sounds like you are just spiteful of them for being more successful than the Mets are, and that’s alright, I bet a lot of us feel that way. Look on the bright side, spending as they do hasn’t done much for them recently.
No, I couldn’t. I’d stop rooting for the Mets if they spent like the Yankees.
There is no accomplishment in a WS title based on simply spending the most in all of baseball every single year. By a wide margin. It’s not as if they succeed on smarts. Like Boston has done. Or like the Yankee teams that actually did win titles recently (Gene Michaels and Watson were the smarts there). The Yankees of the last 7-8 years have wasted the most money in baseball on bad contracts. Their management is as incompetent as most of the other teams in baseball. But they’re rich enough to buy their way out of the holes they dig for themselves.
Accusing the Yankees of “buying” championships sounds like you are just spiteful of them for being more successful than the Mets are, and that’s alright
Hardly. Because recently they haven’t really been any more successful than the Mets. The Mets were more successful last year than the Yankees, having gone further in the playoffs, and this year the Yankees won just 1 game in the playoffs. Which is just 1 more than the Mets! Whoopty-doo! And I still find their spending disgraceful. They are still trying to buy their way to the top. Success or not.
if teams like the Royals and Twins would rather take that money and put it right into the owners’ pockets
That is a fallacy that is widely spread around by Yankee lovers. Show me one fact to support that claim. There is no evidence that the revenue sharing money is going into the pockets of owners.
As for personal wealth, sure some of these small-market owners are filthy rich. But it’s very rare for an owner of any club to use their personal wealth to fund the team. If you think the Steinbrenners use their personal wealth to overpay players like A-Rod then I have a bridge in Brooklyn to sell you.
One instance of owners ‘pocketing’ that money is when the payrolls of some of these teams is less than the 40-50 mil they get from mlb. Now that money may be going elsewhere, into other businesses, into future investments made by the club. But it certainly doesnt take advanced math to realize that if the players payroll is 10 mil less than the subisdy they get, that the team is pulling a major profit before they even sell a ticket. This is why a team like the Rays makes minimal effort to increase ticket sales. In the end, they just dont really need it.
Be specific. Which team? Which year? What was the amount of revenue sharing money? Teams have other costs — like new stadiums, scouting and development, international scouting, and staffing in the minor leagues. It also costs money to operate existing stadiums. So going by just payrolls makes no sense.
I also think it’s nonsense to say the Rays make minimal effort to increase ticket sales. Maybe they don’t do a good job of it, but NO team doesn’t want to increase attendance.
Over at Yahoo Sports Vince Gennaro has authored a column entitled “A-Rod’s dollars make sense for Yankees”
that is interesting reading. Vince Gennaro is a consultant to several Major League Baseball teams and the author of “Diamond Dollars: The Economics of Winning in Baseball,” an innovative look at the business of baseball. This followed a 20-year career at PepsiCo, where he was president of a billion-dollar division. Gennaro teaches a graduate course on the business of baseball in the Sports Business Management program at Manhattanville College.
I have neither the time or patience to read through that long article, but thanks for posting it. . Looks interesting and I did skim through it rather quickly. One thing I did see that I question is this marquee value idea. The author’s theories are just pie in the sky to me and especially his assumptions based on marquee value.
Through anecdotal evidence, I even submit A-Rod’s value is less than David Wright’s. It was reported recently that the biggest selling jerseys in the NY area were David Wright’s. Not Jeter. Not A-Rod’s. Hmmm. Why not A-Rod? Why is a Met who has only been in the league for a few years selling more merchandise than A-Rod?
Anyway, I said it was anecdotal but I think there is something to it. A-Rod has less marketing value than many think.
At least they put their best effort in making sure the team is in the postseason year in, year out. They’re not one hit wonders.
I could never be a Yankee fan, but honestly, you can’t really fault them for not trying to win every year. Yeah, they break the bank and sometimes they fail, but it’s definitely not from lack of trying.
*Oops…I mean, trying to win every year…
likely a negotiating ploy thought up by the Yankees kid owners… I doubt Pettitte has made a decision yet. But if it helps lower the price on Santana for Boston all the better for the Sox I guess… Yanks kinda shooting themselves in the foot here.