“Salary Cap or not— tradition, the draw of the pinstripes, a quality front office and staff— the Yankee organization will still be a huge draw for most players.”
####
Not to mention, New York marketplace endorsements.
The Yankees SHOULD enjoy the riches of their name brand, just like any successful business.
HOWEVER, this is a competitive game and when it comes to PLAYING the game, the field should be level. That includes the rules of competition which most definitely encompasses assemblage of talent via Payroll.
Like it or not, MLB became more of a business then a game years ago. Not saying I agree with that, just stating a fact. And if you apply your own business rules and sense of competition, the Yankees are doing nothing wrong.