New York Yankees owner Hal Steinbrenner admitted that "it's difficult" for MLB team owners to compete with the Los Angeles Dodgers' spending, but also believes his team is better than it was at this time last year.

Yankees owner Hal Steinbrenner sees what the Los Angeles Dodgers are doing. But that doesn’t mean he’s intent on joining the defending World Series champions in their spending spree.

New York Yankees owner Hal Steinbrenner sat down to address the team's offseason, the future of manager Aaron Boone and the franchise's young stars in an interview with YES Network Tuesday. He also spoke to one of baseball's hottest topics: how do you keep up with the Los Angeles Dodgers?