Skip to content

Hal Steinbrenner wants the Yankees’ payroll down to $189 million by 2014

Mar 1, 2012, 1:16 PM EDT

Hal Steinbrenner

Hal Steinbrenner said today that the Yankees plan to decrease their payroll to below the $189 million luxury tax figure by 2014, which is when the new collective bargaining agreement threshold kicks in.

Steinbrenner called it “streamlining” the payroll, which is currently at around $210 million.

Wallace Matthews of ESPN New York notes that Alex Rodriguez, Derek Jeter, CC Sabathia, and Mark Teixeira are already under contract for $75 million in 2014, which would leave about $110 million for Robinson Cano, Curtis Granderson, and 19 other players.

Obviously a $189 million payroll is still massive, even looking ahead to 2014, but the Yankees’ payroll hasn’t been below $200 million since 2007, when it was $190 million. Since then their annual payrolls have been $209 million, $201 million, $206 million, $203 million, and now $210 million.

Toss in the usual inflation of player salaries and $189 million in 2014 would represent a pretty significant change.

Latest Posts
  1. Hisashi Iwakuma has a Grade 1 lat strain, will miss 2-4 weeks

    Apr 25, 2015, 11:05 PM EDT

    Hisashi Iwakuma Hisashi Iwakuma

    Hisashi Iwakuma could miss up to a month after being diagnosed with a Grade 1 strain of his right lat muscle.

  2. Alex Rodriguez was impressed by Matt Harvey in Saturday’s loss

    Apr 25, 2015, 10:15 PM EDT

    Alex Rodriguez Getty Images

    Alex Rodriguez is one of many major leaguers Matt Harvey has impressed.

  3. Adrian Beltre sent Garrett Richards an invoice for three broken bats

    Apr 25, 2015, 9:25 PM EDT

    Adrian Beltre Getty Images

    Adrian Beltre humorously sent an invoice to Garrett Richards for the three bats he broke on Friday.

  4. Play of the Day: Freddy Galvis makes superb diving grab and throw for the out

    Apr 25, 2015, 8:52 PM EDT

    Freddy Galvis Freddy Galvis

    Freddy Galvis threw his hat into the ring as an early contender for Play of the Year.

  5. Adam Wainwright exits Saturday’s start with an apparent Achilles injury

    Apr 25, 2015, 8:37 PM EDT

    Adam Wainwright Adam Wainwright

    Adam Wainwright suffered an apparent Achilles injury after hitting a pop-up in Saturday’s game against the Brewers.

  6. Joel Peralta dealing with a “dead arm”, could go on the disabled list

    Apr 25, 2015, 8:05 PM EDT

    Joel Peralta Getty Images

    The Dodgers’ thin bullpen could get even thinner if Joel Peralta needs to go on the disabled list.

  7. Rays designate Allan Dykstra for assignment

    Apr 25, 2015, 7:10 PM EDT

    Allan Dykstra Allan Dykstra

    The Rays designated slugger Allan Dykstra for assignment to make room for Everett Teaford on Saturday.

  8. Video: Kevin Plawecki connects for his first major league home run

    Apr 25, 2015, 6:15 PM EDT

    Kevin Plawecki Getty Images

    Watch Kevin Plawecki swat his first major league homer.

  9. Jose Fernandez ready to face hitters for first time since Tommy John surgery

    Apr 25, 2015, 5:01 PM EDT

    Jose+Fernandez+Miami+Marlins+v+San+Diego+Padres+x1Pnh0XpK7ol Getty Images

    The Marlins have stumbled out of the gate with a disappointing 6-11 record, but they entered play today on a three-game win streak and here’s some good news about their rehabbing ace.

  10. Former Cubs catcher, Expos manager Jim Fanning dies at 87

    Apr 25, 2015, 4:27 PM EDT

    jim fanning

    Fanning was involved in baseball for more than 60 years.

  11. Blue Jays release left-hander Ricky Romero

    Apr 25, 2015, 3:48 PM EDT

    ricky romero jays getty Getty Images

    It looked like the Blue Jays had one of the best young left-handed pitchers in the game after Romero compiled a 3.60 (119 ERA+) across his first three seasons in the majors, but his career veered off track after 2011 due to control problems and knee issues.

  12. Matt Albers headed to DL with finger injury suffered in benches-clearing brawl

    Apr 25, 2015, 3:05 PM EDT

    Chicago White Sox v Detroit Tigers Getty Images

    Albers suffered a compression fracture of a finger on his throwing hand during Thursday’s brawl.

  13. Report: Rangers will pay Josh Hamilton less than $7 million; deal includes opt-out after two years

    Apr 25, 2015, 2:16 PM EDT

    josh hamilton angels getty Getty Images

    The Rangers will reportedly only be responsible for less than $7 million of Hamilton’s remaining contract.

  14. Anthony Rendon begins minor league rehab assignment

    Apr 25, 2015, 1:58 PM EDT

    anthony rendon getty Getty Images

    Anthony Rendon suffered a sprained MCL in his left knee in early March, but he’s finally close to joining the Nationals.

  15. Trevor Bauer scratched from start due to illness

    Apr 25, 2015, 1:05 PM EDT

    Trevor Bauer AP

    TJ House will start in his place against Detroit.

  16. Suspensions announced for Thursday’s brawl between the White Sox and Royals

    Apr 25, 2015, 12:24 PM EDT

    Kansas City Royals v Chicago White Sox Getty Images

    Six players were suspended for Thursday’s benches-clearing brawl between the White Sox and Royals. Yordano Ventura got the longest suspension with seven games.

  17. Video: Nelson Cruz hits 459-foot blast for MLB-leading ninth home run

    Apr 25, 2015, 12:01 PM EDT

    Minnesota Twins v Seattle Mariners Getty Images

    Nelson Cruz just keeps on mashing for the Mariners.

Top 10 MLB Player Searches
  1. J. Hamilton (4085)
  2. A. Russell (3672)
  3. D. Smyly (3403)
  4. D. Travis (3335)
  5. B. Zobrist (3202)
  1. D. Mesoraco (2958)
  2. M. Saunders (2827)
  3. M. Wieters (2791)
  4. Y. Puig (2663)
  5. J. Bautista (2654)