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Between 1903 and 1991 the value of the Yankees appreciated at a compound annual rate of 11.4 percent. - Andrew Zimbalist
" "Between 1903 and 1991 the value of the Yankees appreciated at a compound annual rate of 11.4 percent.
English
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About Andrew Zimbalist
Andrew S. Zimbalist (born October 16, 1947) is an American economist. He is currently the Robert A. Woods Professor of Economics at Smith College. Zimbalist received his B.A. from the University of Wisconsin–Madison, in 1969 and his M.A. and Ph.D. from Harvard University in 1972 and 1974 respectively. He is a member of the editorial board of the Journal of Sports Economics.
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Additional quotes by Andrew Zimbalist
It is true that I described antisocial, parsimonious, sanctimonious, and wasteful behavior by the owners over the years, but baseball's problem is structural, not individual. Put any individual into a position of power with an opportunity to make tens of millions of dollars in an industry that is on a cultural pedestal and protected from all forms of competition, and the odds are against the second coming of Lee Iacocca or Ralph Nader.
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