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Hal Steinbrenner’s Payroll and Profit Claims Draw Fire as Yankees Enter Offseason

His remarks refocus scrutiny on the Yankees’ finances heading into the offseason.

Overview

  • Steinbrenner said the 2025 roster payroll was $319 million and called a lower figure ideal, while rejecting assumptions the club turned a profit despite reports of roughly $700 million in revenue.
  • Radio host Mike Francesa denounced the comments as a messaging blunder, saying the Dodgers “have made the Yankees look like an A-ball outfit” and warning owners will never open their books.
  • Former Yankees outfielder Clint Frazier accused Steinbrenner of “crying poverty,” citing franchise valuations around $8–9 billion as fans question the team’s financial posture.
  • Under Steinbrenner, the Yankees have routinely ranked near the top in spending and were third in 2025 CBT payroll behind the Dodgers and Mets, as the Dodgers won a second straight title with an estimated $415 million payroll.
  • New York’s winter has begun with Trent Grisham accepting a $22 million qualifying offer, and decisions still ahead on pieces such as Cody Bellinger will reveal how the club approaches 2026 payroll.