While all the talk to begin the offseason is about the New York Yankees’ desire to cut the team’s yearly payroll to $189 million, the front office is devising a plan that could have them going on a $300 million shopping spree, sources have told ESPNNewYork.com.
The Yankees will begin their organization meetings Monday where they will settle on a strategy that they believe can cut payroll to $189 million while spending big on free agents.
The Yankees’ initial main targets are expected to include their own Robinson Cano, Japanese starter Masahiro Tanaka, Atlanta Braves catcher Brian McCann and St. Louis Cardinals outfielder Carlos Beltran, according to sources.
...Here’s how they can do it:
• A source said the Yankees are shedding around $85 million to $90 million in payroll from their 2013 numbers, which includes the salaries of retiring players Mariano Rivera and Andy Pettitte as well as Hiroki Kuroda, Phil Hughes, Joba Chamberlain and Curtis Granderson becoming free agents. The Yankees have a strong interest in Kuroda returning and would be amenable to Granderson if he took the one-year qualifying offer.
• Derek Jeter has a player option that he can pick up that will drop his salary from $17 million to $9.5 million.
• Outfielders Vernon Wells and Alfonso Soriano will be paid nearly $44 million next season but only a fraction of it will be paid by the Yankees because of trade agreements with the Los Angeles Angels and the Chicago Cubs, respectively.
• If Alex Rodriguez’s suspension is upheld, the Yankees would not be charged with the up-to-$31 million that he’s due next season. Rodriguez’s contract calls for $25 million, but can add an extra $6 million if he hits six more homers and ties Willie Mays for fourth on the all-time list with 660. The bonus would count toward the luxury tax.
Posted: October 18, 2013 at 04:17 PM | 22 comment(s)
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