Don't expect the New York Yankees to match the Los Angeles Dodgers in spending any time soon, judging from their controlling owner's recent comments. Yankees chairman Hal Steinbrenner responded to the Dodgers' run of recent signings,

New York Yankees owner Hal Steinbrenner admitted that "it's difficult" for MLB team owners to compete with the Los Angeles Dodgers' spending, but also believes his team is better than it was at this time last year.

Hal Steinbrenner, owner of the New York Yankees, makes a surprising admission about the Dodgers' spending power in the MLB, highlighting the challenges facing the Bronx team in the current economic landscape.