"This time, it was simply unnamed "sources familiar with the organization's thinking" who told MassLive's Sean McAdam that "the Red Sox are OK going over the first CBT threshold, set at $244 million for 2026 - which would translate to them absorbing a modest financial loss" (emphasis mine, he types with a heavy sigh) but that "there's a reluctance to incur bigger deficits.""
"It goes without saying, of course, that neither Steinbrenner, nor Henry sources familiar with the organization's thinking offered to open their books to prove that two of the most successful franchises of a publicly subsidized $12 billion industry are not profitable. In fact, when Steinbrenner was asked point blank if the Yankees lost money in 2025, he comically dodged the question, with an "I'm not going to get into our finances.""
Free agent spending season has begun while a collective bargaining showdown between MLB ownership and labor approaches in one year. Hal Steinbrenner denied that the Yankees earned a profit in 2025 and declined to reveal financial details. John Henry used unnamed sources to report that the Red Sox can exceed the first CBT threshold of $244 million for 2026 but would absorb only modest losses and resist larger deficits. Owners refused to open their books despite operating within a publicly subsidized $12 billion industry. MLB ownership frequently asserts financial strain while avoiding independent financial disclosure.
Read at Over the Monster
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