Inside The Pinstripes

Yankees Owner Praised for Careful Spending Habits

Not everybody is down on the New York Yankees' owner.
Apr 16, 2014; Hal Steinbrenner speaks at the press conference honoring Nelson Mandela plaque dedication at Yankee Stadium. Mandatory Credit: William Perlman-The Star-Ledger
Apr 16, 2014; Hal Steinbrenner speaks at the press conference honoring Nelson Mandela plaque dedication at Yankee Stadium. Mandatory Credit: William Perlman-The Star-Ledger | SL

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The topic of Hal Steinbrenner among New York Yankees fans is contentious. Just weeks after Vladimir Guerrero Jr. celebrated with David Ortiz in the Bronx, Steinbrenner had more to say about a bill to the city than how two longtime rivals mocked his home turf.

Situations like these are why some fans harken back to what was considered the good ol' days, when the patriarch, George Steinbrenner, ruled the land, watching over a dynasty built by one of his best hires, Gene Michael. Older fans aren't the only ones angry, though.

George Steinbrenner mura
A mural in memory of former New York Yankees owner George Steinbrenner III sits behind the bleachers 10 years after his death during training camp at Yankee Stadium on Tuesday, July 14, 2020, in New York. \"The Boss\" died on July 13, 2010. Yankees Training Camp | Danielle Parhizkaran/NorthJersey.com via Imagn Content Services, LLC

Even younger fans, who aren't all too keen on nostalgia, probably wouldn't give the younger Steinbrenner a fair grade this winter. The Yankees may not have had much of a shot going toe-to-toe with the Mets and Dodgers for Kyle Tucker, but many find it confusing why they sat out his bidding altogether. The Yankees made Cody Bellinger the center of their offseason despite him being the inferior player to Tucker.

Tucker isn't the only example. He's not even the best miss of the last decade.

A more conservative fiscal approach feels like the Yankee way now, after years of missing out on guys like Bryce Harper or even more ancillary pieces that fit like a glove, such as Michael Brantley. It's even more frustrating to think about how the Yankees did not go after either of those bats before Judge's big payday since Guggenheim or Steve Cohen weren't in the picture for a majority of the captain's prime.

New York Mets owner Steve Cohen
Aug 14, 2025; New York City, New York, USA; New York Mets owner Steve Cohen stands on the field before a ceremony to honor first baseman Pete Alonso (not pictured) for breaking the Mets all time home run record before a game against the Atlanta Braves at Citi Field. Mandatory Credit: Brad Penner-Imagn Images | Brad Penner-Imagn Images

Praising Hal Steinbrenner

Not everybody would give Steinbrenner poor grades. Among his contemporaries, he is being praised for his conservative approach. According to NJ.com's Bob Klapisch, he heard from an executive who gave a glowing review of the Yankees' current owner.

"The Yankees never back up the truck, which is why they're so good every year," the executive told Klapisch. "How many teams do you see panicking when they lose and start making bad (roster) decisions? Hal doesn't work like that."

New York Yankees Captain Aaron Judge poses with Hal Steinbrenner
Dec 21, 2022; Bronx, New York, USA; Aaron Judge poses with Hal Steinbrenner during a press conference at Yankee Stadium. Mandatory Credit: Jessica Alcheh-Imagn Images | Jessica Alcheh-Imagn Images

On the flip side, another executive ripped Cohen. They found his approach to be nothing more than fan service.

"That's a dangerous game to play, when you make moves just to keep fans happy," this other executive told Klapisch. "That's not a long-term plan."

A Questionable Off-Season

Of course, having the best off-season isn't always indicative of winning a World Series. You don't get a trophy for having the best winter, but, in the case of the Yankees, it would help to bolster that rotation, seeing as Gerrit Cole and Carlos Rodon will be out at the beginning of the season. Then there's the bullpen, which was one of the worst in the sport for playoff contenders.

His peers may praise Steinbrenner for a conservative approach, but if his team has another ugly finish or the pen struggles the way it did in 2025, the questions will still be there. You understand why they didn't go all out for Edwin Diaz, but Mitch Keller certainly would have helped, and his cost was minimal. The Yankees certainly could have afforded him.

Of course, if Steinbrenner wins a World Series before Cohen does, those executives will look smart for their proclamations. In the era of the Dodgers gobbling up every conceivable star, his conservative approach would be lauded even more then.

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Joseph Randazzo
JOSEPH RANDAZZO

Joe Randazzo is a reference librarian who lives on Long Island. When he’s not behind a desk offering assistance to his patrons, he writes about the Yankees for Yankees On SI. Follow him as @YankeeLibrarian on X and Instagram.