$10M Amount George Steinbrenner and investors paid for the New York Yankees in purchase from CBS in 1973.
$1.5B Estimated value of the Yanks franchise, according to Forbes in April. The team was tops in team revenue in 2008 with $375 million. Yanks’ gear accounts for about 25 percent of all MLB team sales.
Yankees fans made their way into Modell’s in Astoria on Thursday to purchase merchandise in celebration of the Bronx Bombers’ championship. The doors opened at 5 a.m. By 9:30 things were going full throttle, with Yankees caps sold out and store personnel, including the manager, ringing at all registers.
Angelica Thomches, 73, bought a Yankees bib to indoctrinate her unborn grandson. Costa Constantinides, 34, Astoria, picked up a Yankees bib and pennant for his 5-1/2 month-old boy. “I wanted for him what my dad did for me,” said Constantinides whose father hung a 1978 pennant in his room when he was 3.
Thomches was happy to spend $150 for just a few items.
As for critics who say everything about the Yankees smacks of money? “If [the team] has that little extra, why shouldn’t they get paid,” said Thomches. “I have nothing against Steinbrenner for doing that.”