Tagged: Offseason

Offseason financial breakdown

The Yankees dump $68 million off their payroll this offseason. Assuming that is the number the Yankees will work with (it may go up or down) here is a possible breakdown of how that money could be used.

Free agents:

Cliff Lee: $30 M

Derek Jeter: $15 M
Andy Pettitte: $8 M
Mariano Rivera: $8 M

Arbitration eligibles:

Phil Hughes: $1 M
Joba Chamberlaiin: $1 M
Boone Logan: $1 M
This is a very rough estimate. But assuming those numbers are around reality, the Yankees will have around $3 M to play around with once all of these players are locked up. Again, the Yankees may have more money to use, but the general idea here is that they will not have enough to sign another big free agent after Cliff Lee.