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Wretched Excess

Yankees Spend Another $180 Million

CS - Baseball
Duane Burleson/AP

Recession? What recession? The New York Yankees, already owners of the league's highest payroll, are spending like there's no tomorrow, signing free-agent first baseman Mark Teixeira to a $180 million eight-year contract. The Yankees already made waves this off-season by signing pitchers C.C. Sabathia and A.J. Burnett to top dollar contracts, putting their spending this offseason at a mind-blowing $420 million.

Posted at 8:13 AM, Dec 24, 2008
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Comments ()
Linda2868

People are living in their cars, losing their homes, forgoing medical treatment .... and the Yankees spend $180 million on this yahoo. Am I missing something?

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10:33 am, Dec 24, 2008
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