The Yankees are broke!

Born in Southwestern Ohio and currently residing on the Chesapeake Bay, Brien is a former editor-in-chief of IIATMS who now spends most of his time sitting on his deck watching his tomatoes ripen and consuming far more MLB Network programming than is safe for one's health or sanity.

About Brien Jackson

Born in Southwestern Ohio and currently residing on the Chesapeake Bay, Brien is a former editor-in-chief of IIATMS who now spends most of his time sitting on his deck watching his tomatoes ripen and consuming far more MLB Network programming than is safe for one's health or sanity.

26 thoughts on “The Yankees are broke!

  1. Or maybe Cashman WAS planning on upgrading the pitching until Trost, Levine, and the Steinbrenners told him he couldn't.

    As is, the rotation could be very good. It also could be very bad. Barring injury, Sabathia is a true ace, and I'm happy to have Burnett and Garcia (aside from Burnett's salary) as the number four and five starters. But are Nova and Hughes capable of being #2 and #3? In theory, maybe, but I wouldn't pin my playoff hopes on them.

  2. Or he's just blowing smoke…not saying he is, but when there are decent #3 starters still available the Yankees need to go get them. George would never have allowed something like this to happen. RIP

  3. ~George’s model IS what allowed the spending spree to be what the payroll has become. Cashman et al are bringing it down, starting now.

    ~Cashman has been building the farm since 2005, let it be allowed to work.

    ~The Excessive Asking Prices for players the Yankees want to trade for, is criminal.

  4. Please lighten up! Let's really see what the kids can contribute – it is kind of nice to not have to justify to other fans about the excessive Yankee payroll!

  5. This is just such an indefensible position (if true) after pissing away 3 yrs $35 million on Soriano (no matter how good he might do in years 2 and 3). Soriano over 3 years would be lucky to match the WAR that Kuroda could provide them as a decent #2 over 1 year.

  6. I think this new austerity might be explainable in the context of a discussion of the Luxury Tax under the new CBA. Given the fact that the tax will be 50% (of payroll over the threshhold) for teams who have been over threshold for three years, you could see Steinbrenner, Levine & Co. shooting to reset the clock (and qualifying them for a lower rate when they subsequently go over again) by getting payroll under $189M by 2014.

    Thoughts?

  7. What this sounds like to me is that management reassessed their strategy in wake of the new CBA and decided they rather not be big players in this market … at least until they see something they really want. I'm not sure it is the right decision, but it is certainly a reasonable point of view to not make drastic changes after winning the AL East when facing looming significant financial incentives.

    It still feels to me that the media and fans really aren't getting told the full story and instead are being feed tidbits to keep everyone guessing.

  8. This is all so frustrating seeing all these cool deals while the Yankees sit and spin. Guess we'll just have to trust that they know what they are doing.

  9. Serious question guys… wouldn't the payroll have to be significant;y under $189 mill? As far as I know that threshold includes not just the 25 man roster, but the entire 40 man roster PLUS benefits, so wouldn't it need to be around 165 or so in reality (and thus be impossible)?

  10. Well ESPN just reported the 2011 #'s.
    – Yankees salary was calculated to be 212mil (the Cot's opening day was ~207, so the AAV calculation was fairly close to the actual). They paid 13.9mil (40% tax)
    – Boston was the only other team taxed and paid 3.4mil (would have been more without gaming the system on the AGon extension)

    So basically they need to get that down 23mil by 2014….
    – You have whatever raise Cano and presumably Granderson get….(from an AAV perspective this may be more than the simple raise over their recent salaries)
    – Mo comes off the book (15mii) and Soriano and Burnett in 2013 (~28mil) and they could conceivably replace those spots cheaply.
    – if Jeter declines the player option…..(let a man dream)
    – You also have smaller stuff like Garcia and Feliciano coming off the books

    This 189mil might actually be doable. Still have arbitration raises and guys like Hughes and Joba hitting FA, but I always though 189mil was a pipe dream but if they make a hard choice or two and go cheap (Swisher? Martin? No 15+ mil/yr FA starter?)

  11. Don't know if this plays into it at all, but my ticket license renewal for next season showed a large decrease in ticket price. I had the 11 game plan (Plan G) for the past 5 years. Tier Reserved seats were $65 each per game in 2011. The Yankees did away with that plan and converted it to a 9 game "Value Plan." The same seats are now $35 per game. The explanation was that the games are mid-week (always were) and no premium games included. (Always got one Boston game before.) Maybe they want fans to lower their expections for 2012? (Only half-kidding.)

  12. Could it be that wasting all that money on Soriano (against Cash's objections, mind you) is what finally kicked some sense into the brass? I do think that Kuroda (or a healthy Oswalt, but does anyone believe that) is the best fit, especially if they dump AJ (which they should do, no matter how much they have to eat), and I am unconvinced about the Yankees disinterest.