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Yankees' Hal Steinbrenner: Spending like Dodgers 'difficult for most' owners

New York Yankees owner Hal Steinbrenner weighed in on the Los Angeles Dodgers' offseason spending spree, saying it will be even more "difficult" to keep up with the reigning World Series champions.

The Dodgers have spent more than $450 million guaranteed this offseason, pushing their 2025 luxury-tax payroll to approximately $390 million.

With the penalties for exceeding the $241 million threshold, the Dodgers' total payroll for this year likely will be in excess of $500 million.

"It's difficult for most of us owners to be able to do the kind of things that they're doing," Steinbrenner said during an interview with the YES Network that aired Tuesday.