The Los Angeles Dodgers are outspending all their MLB rivals, including the New York Yankees, at a pace that is tough to keep up with.
“It’s difficult for most of us owners to be able to do the kind of things that they’re doing,” Hal Steinbrenner told the YES Network’s Meredith Marakovits on “Yankees Hot Stove,” which aired Tuesday night.
The Yankees were valued at $7.55 billion by Forbes last March, ahead of the Los Angeles Dodgers at $5.45 billion.
The Dodgers have MLB’s biggest projected luxury tax payroll at $376.4 million, according to Cot’s Contracts. The Philadelphia Phillies sit second at $307.8 million and the Yankees third at $302.9 million.
“Now, we’ll see if it pays off,” Steinbrenner said. “They still have to have a season relatively injury-free for it to work out for them, and it’s a long season, as you know, and once you get to the postseason, anything can happen. We’ve seen that time and time again. We’ll see who’s there at the end.”