Part 6/8:
The dynamic shifted towards another iconic franchise— the New York Yankees— as conversations veered into whether they should allocate more resources to bolster their roster. Joel emphasized that even the most lucrative franchises have financial constraints and practical business considerations that limit what owners can and will spend.
He echoed sentiments that have become common among fans and analysts alike: the Yankees lead the league in revenue but also have extensive financial obligations. For them, spending more at the top end necessitates difficult choices about where their investments would yield the highest return.