Revenue Sharing, The Yankees and Hypocrisy

Those damn Yankees!¬†Recently, the Yankees president Randy Levine made comments complaining about the revenue-sharing agreement used in Major League Baseball (MLB) which forces higher-revenue teams to pay lower-revenue teams millions of dollars to help balance the wealth around the league. “What is very burdensome to us, and is unfair, is the amount of money we have to pay in revenue sharing compared,¬† for example, to teams in our market that pay 10 times less than us,” Levine said (Fox Sports). As mentioned in the excellent New York Times article on this subject, Levine is referencing to the New York Mets, Continue reading Revenue Sharing, The Yankees and Hypocrisy