MLB has long stood out among other professional sports leagues for its lack of a hard salary cap. But should that structure ever change, the owner of the game’s most recognizable franchise does not view a potential cap as a hindrance to competitive viability.
At MLB’s quarterly owners meetings in New York on Tuesday, Yankees owner Hal Steinbrenner told reporters that he thinks his club could thrive if the league ever adopted a hard salary cap, although he offered some caveats about how critical the framework of such a structure would be.
“Yes,” Steinbrenner when asked if the typically big-spending Yankees could still operate as usual under a salary cap system, per The Athletic‘s Evan Drellich. “But it depends what the cap is. … And it has to be, again, accompanied by a floor, so every club is doing their job to try to make it to the playoffs, for their fans’ sake.”
