Must be the moneyBy
With this new stadium on tap, we hear a lot of talk about reduced revenue sharing and higher revenue streams, but a lot of people — including me — don’t quite understand how baseball’s complicated tax structure works. Enter Richard Sandomir. In a fairly comprehensive and comprehendable article earlier this week, The Times sports business writer explored the how’s and why’s of the Yanks’ revenue sources. Basically, the new stadium allows the team more opportunity to draw in more money while deducting from their revenue payments and the YES Network’s subscriber fees keeps the team relatively insulated from the projected decreases in advertising money due to the economy. Makes sense to me.