Multiple baseball and finance sources told the Daily News they are hearing that the team the Steinbrenner family has led to seven World Series titles could be put on the block in the wake of the record sale price of $2.175 billion the Los Angeles Dodgers went for in April….
Yankee president Randy Levine adamantly denied the rumors: “I can say to you there is absolutely, positively nothing to this. The Steinbrenners are not selling the team.” And managing general partner Hal Steinbrenner, George’s younger son, weighed in with his own denial Thursday morning, saying in a statement: “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.”
However, according to the sources, who requested anonymity because of the sensitive nature of the situation, the recent sale of the Dodgers to a group that includes NBA legend Magic Johnson is just one reason why the Steinbrenner family may be looking to sell the team, which experts estimate could be worth up to a stunning $3 billion.
– Michael O’Keeffe and Bill Madden, N.Y. Daily News.
Are you a hedge-fund billionaire looking to get your name in the papers more often? Do you fantasize about paying Alex Rodriguez tons and tons of money through 2017? Good news! The Steinbrenners could possibly be considering selling the Yankees soon, even though they deny it.
Hopefully I have an extra $3 billion laying around by the time it actually goes down because it’d be fun to buy the Yankees then troll everyone hardcore. Put names on the back of the jerseys, or change their name back to the Highlanders and go with an entirely Highlander-themed new logo and color scheme — tartans and lightning bolts and stuff.