MLB: The revenue-sharing topic bubbled up earlier this week when Hank Steinbrenner of the Yankees said that MLB president Bud Selig was in favor of “changing” the current system. Then, Hank said, “At some point, if you don’t want to worry about teams in minor markets, don’t put teams in minor markets or don’t leave teams in minor markets. The socialism, communism, whatever you want to call it … It’s not the American way. I think at some point, if you don’t want to have a problem with really bad minor market teams, don’t leave teams in minor markets.” Selig then reportedly sent Hal an email that basically said, “Tell Hank to STFU.” Here’s John Romano defending the system: “a little socialism, and some monopoly-friendly business practices, ain’t such a bad thing if it helps sustain an industry with close to $7 billion annually in revenues.” [Times]
It was always a formality.