Similarities: Widely recognized venue, name, and prestige. history of winning. have produced some heroes. Both have their own TV station now and have rabid followings.
Differences: UT stadium holds more people than Yankee stadium, but nothing is bigger than Yankee stadium. Sorry. It's a venue of venues. About the only thing that compares is Madison Square Garden and the Statue of Liberty.
UT - worth about $119 million + new ESPN contract of $300M over 20 years =$320M total accounting for TVM
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http://www.forbes.com/2009/12/22/most-vaulable-college-football-teams-business-sports-college-football.html" onclick="window.open(this.href);return false;)
Yankees = $1.2 Billion. That's with a B.
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http://sports.espn.go.com/mlb/news/story?id=2843978" onclick="window.open(this.href);return false;)
UT - four national championships
Yankees -
TWENTY SEVEN world championships...um. yeah.
There are plenty of people who hate Texas, especially now that they wear the pants in the Big 12/10 but the Yankees are hated by so many people outside of the NY area, they even wrote a freaking musical about it:
http://en.wikipedia.org/wiki/Damn_Yankees" onclick="window.open(this.href);return false;
Texas has the Texas. Yankees have NY... wide open spaces and low house prices vs. Money capital of the world and Central Park.
end result: sorry Texas you have a lot going for it, but everything in the yankees corner is a MULTIPLE of what Texas has in their corner. Maybe someone wants to compare the Yankees to the next best franchises and do the same for texas.. but in my mind, it's not even close.