The New York Yankees 2014 Payroll Is Almost Maxed Out
by Paul Jack | Posted on Wednesday, December 4th, 2013
If the New York Yankees are really going to stay under 189 million they don't have much room left!
Let's take a look at where they are at right now.
Alex Rodriguez - 26 million
Derek Jeter - 12 million
CC Sabathia - 23 million
Mark Teixeira - 23 million
Ichiro Suzuki - 6.5 Million
Alfonso Soriano - 5 Million
Vernon Wells - 2.5 Million
Brendan Ryan - 2 Million
Brian McCann - 17 Million
Jacoby Ellsbury - Deal averages about 21 million a year
That's 138 Million already.
They have 7 players eligible for arbitration. Let's break down those 7 players and what I project they will get in 2014.
Brett Gardner - 3 million
Chris Stewart - 600k
Francisco Cervelli - 700k
Ivan Nova - 1 million
Michael Pineda - 600k
David Robertson - 5 million
Shawn Kelley - 1 million
Ok so that's 17 players with a 2014 tab of 150 million. if the Yankees want to stay under 189 million that means they need to sign 8 more players with 39 million dollars. Doing some quick math that's about 4.8 million per player.
This has to mean that Robinson Cano is going to be let go unless they really want to fill in the roster with journeyman players or bargain basement fill ins. If they give Cano 23 million a year that would leave 16 million for 7 players meaning you are scraping the bottom of the barrel to sign any live body that has some idea how to play baseball.
Letting go of Cano could give them the option to sign Carlos Beltran, he would fit right in with the old players on the team. If they let go of Cano they could also potentially resign Curtis Granderson.
Well either way it appears that Brian Cashman and the Steinbrenner family have a lot of work to do. They went ahead and threw caution to the wind yet again in signing a 30+ year old player to a long term contract of 7 years. They have a ton of money invested in players that will be way past their prime when the contract ends. When will teams learn?