hang on a sec there, there are other teams that just buy players, look at the red sox. they spend the second most amount of money right behind the yankees.
That's because the money was spent incorrectly. The Yanks had a powerhouse offense with no pitching to back it up. They ended up with old vet pitchers (Brown) who wasn't consistent enough to bring in a championship.
On a side note, if Pedro is open for next season and the Yanks pick him up I will be extremely pissed off.