It's going to be pretty tough for the general public to believe New York Yankees owner Hal Steinbrenner when he pleads poverty — especially with Forbes valuing the franchise at approximately $7.5 billion in 2024, which was tops in all of MLB.

The CBT has increasingly become an issue for Yankees owner Hal Steinbrenner. As it stands, the Yankees are a fourth-time CBT payor and expected to pay north of $43 million in luxury tax, according to Cot’s Baseball Contracts.

Baseball fans who grew up during the so-called "Evil Empire" days of the New York Yankees under George Steinbrenner could surely never envision a time