The New York Yankees last won the World Series 16 years ago, and while owner Hal Steinbrenner maintains his club is still “championship or bust,” he would not mind spending a little less money on payroll next season.

Steinbrenner fielded questions from reporters during a video conference call Monday and bristled at the assumption that the Yankees, Major League Baseball’s most valuable club, are turning an annual profit.

“I don’t want to get into it, but that’s not a fair statement or an accurate statement,” Steinbrenner said. “Everybody wants to talk about revenues. They need to talk about our expenses, including the $100 million expense to the city of New York that we have to pay every Feb. 1, including the COVID year. It all starts to add up in a hurry.

“Nobody spends more money, I do

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