Hal texts, also says jobs are safe
Steinbrenner reiterated that he plans on cutting the Yankees' payroll by 2014. Under the new collective bargaining agreement, the Yankees could save tens of millions of dollars if they lower their payroll -- now around $200 million -- to $189 million.
"I've made it clear that is very important to me, for several reasons," Steinbrenner said. "You are talking about a 10 percent reduction in payroll. I don't see that as an outrageous concept. I never have."
10/1/12, "Yanks boss: All jobs are safe," ESPN.com, Andrew Marchand
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