GM Cashman says Yankees losing money

Updated: August 23, 2006, 8:59 PM ET
ESPN.com news services

How bad does George Steinbrenner want to win? Bad enough that he's willing to lose money with the Yankees to do so.

"We're making a lot, but we're spending more than we're making," Yankees general manager Brian Cashman told Bloomberg radio for a show to be aired this weekend. Cashman declined to say how much the Yankees are losing.

The Yankees, with Major League Baseball's highest payroll, added to their deficit before the July 31 non-waiver trading deadline, acquiring big-ticket ...

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