Though he is generous to players when he is trying to get them to sign with the New York Yankees, Hank Steinbrenner is an unabashed cheapskate when it comes to anything else. Thus, Yankees players returning to Spring Training were enraged but not surprised to learn that they would not be getting fancy World Series rings, but would instead be given dirt cheap decorative pins.
"Let me just clarify something," Steinbrenner told the media. "I'm getting a World Series ring,
a big honkin' thing with about 900 diamonds, rubies, sapphire, the works. But why the hell should dole out all that money to get World Series rings for the players? Correct me if I'm wrong, but they did get paid, didn't they? Let them get their own damn rings."
While it's estimated that the Red Sox spent upwards of $40,000 each on their World Series rings,
Steinbrenner reportedly secured the World Series pins at a wholesale price of about $50 for
100 pins. Steinbrenner, meanwhile, sauntered around Spring Training flashing the ring for all to
"I don't recall seeing that guy playing one inning last year," a furious Derek Jeter said, as he
watched Steinbrenner standing out on the field posing for photos while displaying his ring. "John
Henry might be a goofy-looking twerp, but at least he takes care of his players."