What a Waste Of Money: The Yankees Do It Again

Samantha CookeCorrespondent IDecember 24, 2008

The New York Yankees have just signed another big-name player for a colossal amount.  They signed Mark Teixeira to $180 million deal.  This puts the money the Yankees have spent in the off-season at $423.5 million.

What does this mean to an everyday person?

With the average price of gas at $1.66 per gallon, you could buy 255,120,481.93 gallons of gas.

With the average price of milk at $3.50 per gallon, you could buy 121 million gallons of milk.

At Burger King, the price of a whopper combo meal including tax, which includes a whopper, medium fries, and a medium drink is $5.25.  You could buy 80,666,666 meals with the Yankees money.  This would almost feed the entire country of Germany!

Have a baby at home?  Diapers are expensive.  Using the money from the Yankees, you could pay for diapers for 484,775 families for an entire year!

Having trouble paying your mortgage?  The average American pays $22,752 per year for their house.  The Yankees could pay for 18,613 homes a year.

Need this in terms of other professional teams?

Would you rather have three players or three entire NFL rosters?  The Oakland Raiders, Dallas Cowboys, and Arizona Cardinals cost $2.5 million less than the Yankees' signees.

Basketball fan?  How would you like to have six NBA rosters?  You could pay for the entire rosters of the Phoenix Suns, New York Knicks, Miami Heat, Detroit Pistons, Minnesota Timberwolves, and Charlotte Bobcats.

How about hockey, the lowest average payroll of the four major sports?  You could pay for eight NHL teams, including the Colorado Avalanche, Philadelphia Flyers, New York Rangers, Calgary Flames, Anaheim Ducks, Ottawa Senators, Carolina Hurricanes, and Toronto Maple Leafs.

How much more are the Yankees going to spend to try and win a championship?  This is ridiculous. 

These amounts don't include Alex Rodriguez, who makes $275 million and Derek Jeter, who makes $189 million.

Alex Rodriguez: $275 Million

Derek Jeter: $189 Million

Mark Teixeira: $180 Million

CC Sabathia: $161 Million

AJ Burnett: $82.5 Million

Watching the Yankees fall flat yet again after spending $423.5 Million: PRICELESS!

On a side note, the national debt is now at $10.6 Trillion.  The money the Yankees used to sign three players accounts for .004 percent of the national debt.

If you take out the intragovernmental holdings and make it only the debt held by the public, the national debt becomes $5.809 trillion.  The Yankees account for .007 percent of this national debt.

Congratulations Yankees, you are officially costing the entire country for your selfish attempt at a championship (which you probably won't get again).