Yeah, the Yanks spend more than anyone else. Yeah, they do everything they can to buy Championships and sign the cream of the FA crop every year. Yup. They suck.
But. They do seem to know what they are doing. I was born a Cubs fan. Not my fault, shut up about it. I thought we hit the jackpot getting Sorry-ano from them 2 years ago. Ooops. What a sad-sack he has turned out to be.
The Yankees seem to do a very good job of getting talented players who will actually play baseball at their talent level. And keeping them. Then trading their big contract losers to other teams for prospects, who they develop in their own very good farm system.... Look at the big contract guys they do pay for such as CC, Damon, A-Rod. Then look at the guys they pass on. Manny, Bradley, Peavy, Zito..
That's a lot of egos in the clubhouse. But if A-Rod <who had a very good post this year> is the closest thing your team has to a cancer <Cough, Milton Bradley, Cough> It would seem they know what's really going on...
Do need a hard salary cap in MLB though. Small market teams lose their hard-won homegrown guys after just a few years of service till they hit FA..