Bleacher Report · Jun 13, 2023
Yankees' Hal Steinbrenner Talks Potential Salary Cap: 'It Depends What the Number Is'
New York Yankees principal owner Hal Steinbrenner doesn't believe the organization would fully cede the financial advantage it enjoys if MLB ever instituted a hard salary cap.
"But it depends what the cap is, it depends what the cap is," he said, per The Athletic's Evan Drellich. "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.
"One thing people know about me, I'm always willing to have a conversation. You know, other owners, whoever—always willing to listen. But in regards to [a cap], it's just too hypothetical right now, because what is it? What will it be, if it ever is?"