Uncovering The Mystery Behind The Golden Glove Award What It Takes To Receive This Prestigious Honor. "Most of that off-site income is not subject to revenue sharing, so the Yankees keep 90% of it," wrote Klapisch and Solotaroff. Regular-season awards and records dont matter, except to form the opening chapters of a book about a championship. Thats what Yankees fans want, Hal. Some may claim that the Yankees dodged a bullet by letting Cano go, pointing to his PED suspension last year. This quote might go a long way to explaining the Yankees current thinking. In 2016, the New York Yankees spent the most money on players in Major League Baseball, $217 million. Washington Universitys Olin Business School professor Michael Lewis, writing in The New York Times, noted that below-average-payroll teams have won their divisions less than 10 percent of the time in the past two decades. Baseball players in the United States, on average, earn less than those in other countries. Ticket prices, for example, are one of several factors contributing to team valuations. Under the old system, 34% of the *total* local net revenue is $34 million per team. Going by their opening day payroll of $209 million, this years threshold of $155 million and a special 40 percent repeat offender rate, the Yankees will pay $21.6 million in 2008 equivalent to the entire payroll of the Florida Marlins. Essentially, the large markets were bought-in to a more highly taxed system in exchange for sharing less revenue. It is a system where a portion of the leagues revenue is shared among all of the teams. Learn How To Personalize Your Hat With Vinyl Stickers! I present the following table not to defend the clubs habits, but more to show you what is in store for this offseason and possibly more if Hal is not content with the revenue stream in the immediate future. That percentage has dropped in the last three years, but it was only 5% in 2012. The supplemental plan worked to take a greater percentage away from high-revenue teams like the Yankees, and give it in higher percentages to the small-market teams.
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