Thursday, May 23, 2024

Newsletter Excerpt, May 23, 2024 -- "Noll Hypothesis"

 This is a preview of the Joe Sheehan Baseball Newsletter, an e-mail newsletter about all things baseball, featuring analysis and opinion about the game on and off the field from the perspective of the informed outsider.

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If Steinbrenner wants to make a real point, though, it’s in that $100 million he’s having to light on fire each year. That, and not the money he’s spending on baseball players, is his problem. His business partners have set rules that take $100 million a year out of his pockets so that they can be guaranteed profits without trying to win baseball games. His business partners have made it so that every dollar he spends at the trade deadline this year costs him a dollar in penalties. If Steinbrenner is looking to complain about something being unsustainable, that’s where he should start.