What’s Weird and Wonderful?
By LENORE SKENAZY
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This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.
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Earlier this year, at the height of their power, before the slow decline of age and injury had fully set in, the Yankees were valued by Forbes magazine at $1.3 billion, on the back of an estimated 2007 revenue of $327 million. This is another way of saying for every $40,000 of American GDP, one dollar came into the team’s hands, which is another way of saying that for all the attention they draw as the richest team in the richest city in the richest nation in the world, the Yankees are — judged in the fair scope of things — barely a going concern.
By LENORE SKENAZY
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By JOSH HAMMER
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By A.R. HOFFMAN
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By DAVID JONES
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By JOSEPH CURL
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By DAVID JONES
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By JOSEPH CURL
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By DAVID HIROSHI JAGER
|Earlier this year, at the height of their power, before the slow decline of age and injury had fully set in, the Yankees were valued by Forbes magazine at $1.3 billion, on the back of an estimated 2007 revenue of $327 million. This is another way of saying for every $40,000 of American GDP, one dollar came into the team’s hands, which is another way of saying that for all the attention they draw as the richest team in the richest city in the richest nation in the world, the Yankees are — judged in the fair scope of things — barely a going concern.
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