CC Slider, See What You Have Done

Makes you want to root for Cole Hamels:

Despite the recession, our New York teams keep doing what they’ve always done: spending the competition into oblivion. Especially the Yankees. Sabathia had made it clear he didn’t want to come to New York, even after the Bombers had offered him $140 million. So the Yankees gave him 20 million more reasons to change his mind.

How is this even possible? Where’s this money coming from? Never mind that $161 million is, at the very least, unseemly right now. If you want an answer, look back to the days before the Sabathia announcement, when details leaked about the Yankees and Mets asking the city for a combined $450 million more in public bonds, to pay for cost overruns on their immoderate new stadiums. (They’d initially been granted $1.5 billion.) Already, the two teams are not paying rent or property taxes on the new stadiums, and the MTA ($104 for a monthly MetroCard, anyone?) is giving the Yankees their own Metro-North station. The teams are also subtracting construction costs from their share of MLB’s revenue-sharing program, which pays out to less-flush franchises. The Yankees (and Mets) have prepared for a potential recession the old-fashioned way: by reducing their own expenses long before everyone else was doing it. That made paying Sabathia (and Rodriguez) easy. The recession is going to cause normal teams to scale back. The Yankees and Mets are not normal teams. They have big shiny new stadiums and fancy cable channels. So they don’t get normal players.