The-uh-uh-uh Yankees lose!
The only real downside to the Yankees' unceremonious exit from the MLB playoffs is that someone, somewhere, will think that there is no problem with one team being allowed to spend as much money as 7 other teams combined on its roster.
Because the fact of the matter is that they just did it badly. They assembled perhaps the most fearsome lineup in the history of the sport, and coupled it with a truly mediocre pitching staff, only two or three of which they should probably keep for next year.
Okay, the second downside is that we'll be treated to two weeks of "should we watch?" bullshit from the talking heads, since there's no NY team in the ALCS. I hope and pray that Tommy Lasorda is busy filming one of those "to the TV!" commercials that features Yankees fans now. And I hope that's the tack they'll take on ESPN, although I doubt it.
Okay, the third downside is that now ESPN will have no reason to cover actual sports when it comes to the Yankees--it'll be all-gossip all the time. As for me, if that gossip doesn't involve a straight up trade, Alex Rodriguez for Aramis Ramirez, I don't want to hear it. When my team is done, as they were in July this year, I become a baseball fan. Well, and a Bears fan.