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The Value Of Youth In Major League Baseball, Jason Lee
The Value Of Youth In Major League Baseball, Jason Lee
CMC Senior Theses
In the fall of 2009, the New York Yankees claimed their 27th World Series title with a team that oozed capitalism and free markets. With over $200 million committed in its annual payroll, the Yankees capitalized on a strong free-agent class and some of the best known players in the game to generate their first World Series title since 2000. The feat was impressive, but the expectation in New York is always “championship or bust.” The following season, the Yankees fell in the American League Championship Series to the Texas Rangers who would go on to lose to the San …