The Value of Youth in Major League Baseball
In the fall of 2009, the New York Yankees claimed their 27th World Series title with a team that oozed capitalism and free markets. With over $200 million committed in its annual payroll, the Yankees capitalized on a strong free-agent class and some of the best known players in the game to generate...
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| Format: | Others |
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Scholarship @ Claremont
2011
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| Online Access: | http://scholarship.claremont.edu/cmc_theses/203 http://scholarship.claremont.edu/cgi/viewcontent.cgi?article=1100&context=cmc_theses |
| Summary: | In the fall of 2009, the New York Yankees claimed their 27th World Series title with a team that oozed capitalism and free markets. With over $200 million committed in its annual payroll, the Yankees capitalized on a strong free-agent class and some of the best known players in the game to generate their first World Series title since 2000. The feat was impressive, but the expectation in New York is always “championship or bust.” The following season, the Yankees fell in the American League Championship Series to the Texas Rangers who would go on to lose to the San Francisco Giants. The San Francisco Giants were not the New York Yankees. They were not even close when it came to payroll, star-power, and management. Yet this lovable bunch of losers took control of the 2010 post-season and took home their first World Series since moving to San Francisco. |
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