class="ui-droppable">The announcement in the New York Times of a Major League Soccer team owned by Manchester City of the English Premier League and the New York Yankees made headlines on Tuesday afternoon, raising the stakes for soccer and sports in an already crowded New York sports business landscape.
While the involvement of Yankees ownership is intriguing from a business standpoint for both the baseball and soccer club, the investment should only lead to success for both sides. From the Yankee perspective, there's little that should cause fans to worry about a John Henry-Liverpool scenario.
No, the New York Yankees' ownership group isn't going to suddenly stop paying big money to baseball players in order to grow their stake in a startup ...
Read Full Article at Bleacher Report - New York Yankees
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