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Are the Yankees preparing for a shopping spree?

Oct 18, 2013, 7:45 PM EDT

Tampa Bay Rays v New York Yankees Getty Images

Sources close to ESPN’s Andrew Marchand tell him that the Yankees are preparing for a shopping spree that could total as much as $300 million. Marchand recalls that the last time the Yankees unloaded that much money in a single off-season came after the 2008 season, when the Yankees committed a total of $423 million to CC Sabathia, Mark Teixeira, and A.J. Burnett.

The Yankees are expected to push for Japanese pitcher Masahiro Tanaka and many believe they will eventually bring second baseman Robinson Cano back after he deflates his price. As their catching situation is a bit of a mess, Brian McCann would make some sense. They have had their eye on veteran outfielder Carlos Beltran as well.

With Alex Rodriguez‘s future up in the air as his legal battles are pending, Derek Jeter‘s health a gigantic question mark, and having watched Mariano Rivera walk into retirement, the Yankees want to do something to generate renewed interest in the organization. It will be tough to do that if they stand pat with a team that finished in a tie for third place in the AL East with an 85-77 record.

  1. theskinsman - Oct 18, 2013 at 7:57 PM

    Of course they have to sign every top FA out there, their team was exposed as old and thin,and if they don’t ,they will swap places with Toronto and sit in the cellar all season.

    • tuberippin - Oct 18, 2013 at 8:08 PM

      So bringing in more high-priced veterans is the solution?

      • theskinsman - Oct 19, 2013 at 3:35 AM

        It’s the Yankee way.

  2. dondada10 - Oct 18, 2013 at 8:03 PM

    So I guess the Yanks aren’t gonna try to get under the luxury threshold of 185 mil.

    • sportsfan18 - Oct 19, 2013 at 1:24 PM

      That doesn’t mean they won’t get under the threshold. It depends for how many yrs the contracts that would total $300 million are as the more yrs means the amount paid in any one season is smaller.

      Do they still want or care about being under the threshold? They don’t like missing the playoffs and maybe the brass has changed their minds…

      Even if they haven’t and want to get under the threshold, spending $300 million doesn’t have to put them over it. Of course it could too depending on how the contracts were paid out.

  3. pisano - Oct 18, 2013 at 8:04 PM

    I wouldn’t say 300 mil, but you can bet they’ll be in the middle of the pennant race next year. They will have a lot of money coming off the books, so with some wise moves like Boston made, we know you can go from last to first in no time. Boston hasn’t been given enough credit for the great transformation they made, they are proof if you spend money wisely you get immediate results. Their fans should be proud of the Sox organization for the quick turn around.

    • Jack Marshall - Oct 18, 2013 at 8:16 PM

      But the Red Sox accomplished this by UNDOING a shopping spree like the Yankees are reportedly considering, not starting one. Beltran, now? Cano, McCann? Paying top dollar for long-term services of past- or almost past prime stars? More Josh Hamilton signings? Great.

      My question: how can they spend that much without dumping their old and damaged incumbents at third, short and first. Or Soriano in left? Or their huge and fading ace, CC? And if they don’t dump all or most of those guys, how much can they improve? These Yankees were built, lest anyone forget, on great homegrown talent, supplemented by free agents and trades. The Yankees (unlike the Sox) have little to trade, and nothing much on the farm.

      • churchoftheperpetuallyoutraged - Oct 18, 2013 at 8:43 PM

        My question: how can they spend that much without dumping their old and damaged incumbents at third, short and first. Or Soriano in left?


        Pettitte – $12M
        Rivera – $15M
        Kuroda – $15M
        Reynolds – $6M
        Youkilis – $14M
        Burnett – $8.5M
        Hughes – $7.150M
        Jeter – $8M (diff between his salary and ’14 option)

        That’s $85M right there and the one they don’t have a replacement for is Kuroda.

  4. disgracedfury - Oct 18, 2013 at 8:10 PM

    The idea to put a god team is either spend money (Yankees,Red Sox,Dodgers,Tigers),Trade players(A’S,Rays) or Lose for awhile(Nationals,Rays,Tigers)

    If the Yankees aren’t gonna spend money than they have to lose.How else are you gonna get young great players.

  5. uwsptke - Oct 18, 2013 at 8:12 PM

    This is the one area of the sport where the NFL is better. It’s hard rooting for a team that has to catch lightening in a bottle just to make a playoff push.

    • 18thstreet - Oct 19, 2013 at 1:12 PM

      Could you eloborate? Are you suggesting that the Yankees (or all of baseball?) would be better off without guaranteed contracts?

      Because, to me, the ONLY thing that protests the rest of baseball from the Yankees (and Dodgers) buying up all the best players is the fact that they’re stuck with the bad decisions. If they could cut Teixeira right now, I’ll bet they would. They’d certainly cut A-Rod.

      • anxovies - Oct 20, 2013 at 6:51 PM

        Not to mention the fact that the non-guaranteed contracts in the NFL is a form of serfdom that permits the teams to use a player up and then dump him when the injuries catch up on performance. Long-term contracts for good or great players entering decline is a self-correcting problem. MLB teams are already starting to balk at giving such players 6-10 year contracts.

  6. unclemosesgreen - Oct 18, 2013 at 8:23 PM


  7. tfbuckfutter - Oct 18, 2013 at 8:44 PM

    With all these articles and stories painting Bryan McCann as kind of an asshole I guess that is actually the logical conclusion.

  8. jgreiner9 - Oct 18, 2013 at 8:53 PM

    They can spend that type of money because they have about 100 million coming off the books between Pettitte, Kuroda, Granderson, Hughes, Chamberlain, Youkalis, Cano, Rivera, Logan and Reynolds. Plus if Arod is suspended all of next year that frees up his 25 million he’s owed. If he is suspended it would make it easier or more sustainable to resign Cano, Beltran, McCann, and possibly the Tanaka pitcher and stay under that $189 luxury tax number.

    • MLBlogsbig3bosox - Oct 19, 2013 at 12:57 AM

      Entering free agency their payroll will be around $115MM so they’ll only have around $70MM to spend. I’m guessing Cano and McCann alone would take more than half that amount. That is, of course, if they’re trying to stay under the luxury tax.

  9. blynch67 - Oct 18, 2013 at 10:51 PM

    I’m a Yankee fan but I’m not buying this story…

    I believe the Stienbrenner boys are focused on getting below $189M as priority #1.

    They likely figure that nest year will be a transitional year so why not save some coin on the payroll side and rest the luxury tax. I’m sure nothing makes them madder than in essence putting their money into the pockets of some of the other cheapskate owners.

    • anxovies - Oct 20, 2013 at 7:11 PM

      As another Yankee fan I am not so sure. Anybody watching Yankee games this year noticed those empty seats behind home plate. Those are high-dollar season ticket holders who rebelled at the prices when new Yankee Stadium was opened. The team has to make a showing in the player market this Winter or risk losing season ticket sales that may not return for a while.

  10. mbankston - Oct 19, 2013 at 6:16 AM

    Ask the Dodgers or Angels how the Free Agent Market is working for them. Better find a GM that can restock the farm system. With the size of player contracts in todays market, you cannot rebuild from the top down. Sure, you might get lucky with a signing or two, but the bottom line is there’s a reason those guys are on the market and not re-signed by their current club.

  11. cr7tique - Oct 19, 2013 at 8:03 AM

    I don’t believe they will until they actually start inking those players. All teams in mlb go into the free agency period with 3 types of plans- 1st plan is splurging on free agents let’s not worry about luxury tax implications, 2nd is the realistic let’s stay under our self-imposed cap, 3rd is the contingency in case the 2nd plan falls through let’s salvage whatever we can. What’s reported is t

  12. theskinsman - Oct 19, 2013 at 10:07 AM

    Hank :”Hal, 200 million for 4th place???”
    Hal; “We need to get under the 175 mil amount for one season to stop paying out the luxury tax”
    Hank; ” So we can spend another 175 mil? Great!”
    Hal: ” No Triple chins, you idiot! We need to spend less than 175 million!!”
    Hank: ” OK, we’ll spend only 100 of the 175, making the limit 300 Mill”
    Hal: ( Looking up at the sky) ” Thanks,Dad”

  13. pitolove124 - Oct 19, 2013 at 11:33 AM

    The Yankees are spending money because they have it to spend. I’m tired of people hating on them because they reinvest the money they make into the team. They Usually spend their money well and rarely make horrible free agent signings outside of Igawa & Irabu – some would include Arod but he has produced for a majority of his Yankees career. They didn’t chase Hamilton or Pujols, who look like horrible signings now. It’s rare for Teams to build consistent champions through through the draft – the 90 Yankees, and the current Cardinals are the closest. You need that rarer scouting genius like a Gene Michaels to pull off what the Yankees did in the early to mid 90’s – outside of that you reinvest the money into the team and build the brand. The rest of MLB should hope the Yankees make over the Tax Threshold because for a lot of teams that’s the best way for them to make extra money. I would post for Tanaka, definitely resign Cano – sign McCann, explore Shin Shoo Soo and buy low on Halliday if he can get his velocity to hover around 92. I would stay away from Garza and would look to find a young stud unknown pitcher in a trade.

    • jimeejohnson - Oct 20, 2013 at 12:18 PM

      Your post makes too much sense.

  14. dfpoor - Oct 19, 2013 at 3:29 PM

    Cano is only worth $175 million. $25 million for 7 years. Hard to believe another team would give him more.

    Having Texeira and Soriano for a full year will help. I think ARod is done. I think Jeter will DH, if he plays at all.

    Why do people say McCann is a bad dude? The Braves have Gattis so I think they will let McCann walk. Will be great if McCann is a Yankee.

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