New York Yankees Payroll In 2014 + Contracts Going Forward + The Cano And A – ROD Factors
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They are old and 2014 will not make them younger. However, there are some small tweaks that the team could do in order to make the payroll make sense.
The 2014 version of the Yankees may struggle. Exiting are Mariano Rivera, Andy Pettitte, Hiroki Kuroda, Boone Logan, Joba Chamberlain, Phil Hughes, Curtis Granderson, Brendan Ryan and potentially Derek Jeter (although he has a Player Option for 2014) and Mark Reynolds.
To the Readers on our Payroll Breakdowns: Keep in mind these are all just estimates as we are all not forensic payroll accountants. For a better look at how Payrolls work in the MLB please check out this article here.
Derek Jeter Highlights:
If I am New York, you have to cap Robinson Cano at $25 – $28 MIL, and I would take it one step forward, and ask the guy for some salary relief in the 2014 year, so that the team can get under the $189 MIL Luxury Tax Threshold.
The Yankees should receive a break on financial flexibility with the A – ROD suspension saving a big portion (if not full) restitution on his $27.5 MIL contract for 2014.
If I were in the GM seat, I would resign Brendan Ryan and Mark Reynolds pronto, as they won’t cost this team a bundle of cash – and can provide great versatility and depth.
You need this with the uncertainty of the A-ROD suspension – and Teixeira coming back off of his wrist injury.
If they can’t resign Cano, I would be 1st in line to sign Omar Infante from the Detroit Tigers. The man is a great contact hitter, has slashed .318/.345/.797 in 2013 – and can play SS/2B/3B.
The only other power bat available in Free Agency for the position of Second Base is Kelly Johnson. If they can get the guy on a decent contract, I would gladly add his 20+ HR power, as you may struggle on the left side with Jeter and Nunez.
I would offer the current Brave a 4 Year Deal/$40 MIL. The Yankees will be free spending again in the 2014 Winter, but considering there are no good Catchers on the FA market, they best use this year to land McCann, or at the least Pierzynski (at a 1 Yr Deal).
After this year, they should let Curtis Granderson walk, but I would dangle that $15 MIL qualifying offer to him, in order to retain a Draft Pick.
If he signs, you will have 5 Outfielders, however with the DH position being able to rotate in and out, you can see this happen.
New York Yankees Payroll 2014 in Millions Signed Players (Contract):
Alex Rodriguez DH: 25.0 (signed thru 2017.) 2015 – $21 MIL, 2016 – 2017 both $20 MIL.
He will also make $30 MIL left in marketing bonuses should he hit escalating marketing bonuses from HRs 661 through 763. At this rate, maybe he will never collect on all of those. The base is ridiculous enough at $86 MIL over the next 4 years.
The insurance paid on his ailing hip injury will not make a huge enough dent for Yankees Fans. He is the ALL-Time Active Leader for HRs , RBI and XBH
At best he may turn back to a .250/.310/700 with around 50 RBI a year from 2015 – 2017. Hardly worthy of a $22.8 MIL average salary from 2014 – 2017.
Mark Teixeira 1B : 22.5 (Signed thru 2016). ‘Tex’ makes $22.5 MIL for every year for 2014 – 2016. If he can just hit 30 HRs, drive in 100 RBI (despite BA) the Yankees will take it for the money given out.
The Switch Hitter still took home a Gold Glove for the franchise in 2012. His 24 HRs and 84 RBI were also accomplished in 122 Games.
This guy may be overpaid, but is certainly not a flop and an above average First Baseman.
CC Sabathia SP: 23.0 (Signed thru 2017). He makes $23 Mil also in 2015, before he makes $25 MIL for 2016. There is a 2017 Vesting Option for $25 MIL. Salary guaranteed if he does not end 2016 on the Disabled List with a left shoulder injury, or he does not spend more than 45 days on the DL.in 2017.
Derek Jeter SS: 8.0 (Has a player Option in 2014 of 8.0 Million for 2014 (Buyout is $3 MIL.)
Ichiro Suzuki OF: 6.5 and will be a Free Agent in 2015.) Again, I would tie the years commitment with Jeter and him together.
It may happen again in 2014 (with Suzuki being signed and Jeter having a Player Option), past this – everyone would really be stretching their luck.
Alfonso Soriano OF/DH: $5.0 (Free Agent in 2015) An absolute steal for $5 MIL next year, could see some time as DH.
Brett Gardner CF/LF: 2.9 (Is Arbitration Eligible in 2014 and a Free Agent in 2015.) Speed guys don’t generate huge raises in Arbitration.
The management has to be hoping that Gardner can put his injuries behind him and be a productive Outfielder for the next few years.
Look for Gardner to receive about $5 MIL in his final year of Arbitration.
If Jeter retires, he most certainly could head up to the top of the lineup with a decent OBP.
Vernon Wells OF: 2.4 (Free Agent in 2015. This guy is going to be a good 4tn or 5th OF for the squad next year. About 90% of his big contract was paid for by the Angels for the 2014 campaign.
Total Payroll for these 7 players is 71. 4 MIL
Arbitration Eligible Year and what they earned in Millions for 2012/What they will make in 2013:
David Robertson RP: 3.1 (2014 is probably bumped to $5.0 MIL). The Yankees are hoping Robertson will take over the reigns as Closer from Rivera next campaign.
It would be cheaper for him to be signed – rather than coveting a Free Agent Closer seeking multiple years past 2014. Is Arbitration Eligible in 2014 and a Free Agent in 2015.
Shawn Kelley RP: 935 K – Is Arbitration Eligible in 2014 and 2015, and a Free Agent in 2016.
Jayson Nix UT: 900 K – Is Arbitration Eligible in 2014 and 2015, and a Free Agent in 2016.
Ivan Nova SP: 576 K – Is Arbitration Eligible in 2014 and 2015, and a Free Agent in 2016. Will likely triple his 2013 salary – and take a back end of the rotation spot.
Michael Pineda SP: 528K (2014) This guy is VITAL to the franchises future success.
Being under team control for New York until would serve them well if he can be a solid #2 or #3 Starting Pitcher. Is Arbitration Eligible in 2014 (won’t see much of a raise) and a Free Agent in 2017.
Eduardo Nunez 3B/SS: 524 K Back up INF, may have a more significant role in years ahead. Is Arbitration Eligible in 2014 – 2017 and a Free Agent in 2018. Could see lots of playing time in 2014.
Francisco Cervelli C: 515 K s Arbitration Eligible in 2014 and a Free Agent in 2017. I think he should be the backup Catcher to a new Free Agent, and the other two guys duke it out for the 3rd string job
David Huff SP: 494 K Is Arbitration Eligible in 2014 – 2017, and a Free Agent in 2016. I would take a chance on this guy as you need 8 Starters in a year at least.
Chris Stewart C: (483K) Is Arbitration Eligible in 2014 – 2016 and a Free Agent in 2017.
Cody Eppley RP: (481 K) Is Arbitration Eligible in 2014 – 2017 and a Free Agent in 2018.
9 players in this category retained for about $15 MIL
Brings the Total Payroll to $86.7 MIL
The Departing Or Free Agents
Robinson Cano 2B: 15.0 (Signed thru 2013 and is an Unrestricted Free Agent in 2014).
Hiroki Kuroda SP: 15.0 – I would sign him as one of your 2 SP needed, provided he wants to come back
Kuroda will either come back to NYY in 2014 – or head back to Japan.
Curtis Granderson OF: 13.0 – Give him the Qualifying Offer of 1 YR/$15 MIL.
Granderson will be able to seek a big 3 – 4 Year Deal worth $11-$14 MIL per year based on what guys with similar numbers were signing for this past winter.
Travis Hafner DH/1B: 2.0 With Vernon Wells already on the club, and needing the DH spot potentially for Jeter, Texiera – and Rodriguez (should he not receive the full season on suspension), Pronk is gone.
Kevin Youkilis 3B/1B/DH: 12.0 ) “Youk” was a stop – gap measure for A – Rod. Do not resign him under any circumstances
Lyle Overbay 1B/DH: Sorry Lyle, you did good in 2013 for the NYY, but Tex should be back.
Brendan Ryan UT INF: 3.25 in 2013: Ryan is a great defender, and he and Nix should be the extreme Utility guys on your squad.
Mark Reynolds 3B/2B: $6.0 in 2013.
Andy Pettitte SP: 12.0 – He is retiring.
Phil Hughes SP: 7.2 – Don’t offer him anything, let him walk.
Boone Logan RP: (2013 is bumped to $3.2 MIL) Logan falls right into the club’s philosophy and will not make or break the teams payroll structure in going forward. I resign this guy for a $3.5 MIL to $4 MIL deal.
Joba Chamberlain RP: (1.9 in 2013). Same as Hughes.
Total for this Category: $12.4 MIL
Total Payroll After this category: 100.0 Million
Pre-Arbitration Eligible Players Brackets for first Year of Arb-Eligible/Entry Level Contracts-League Minimum:
Vidal Nuno SP: Is Arbitration Eligible in 2016 – 2018, and a Free Agent in 2019.
Austin Romine C: (482K) Is Arbitration Eligible in 2015 and a Free Agent in 2019.
Dellin Betances SP: (481K) Is Arbitration Eligible in 2015 and a Free Agent in 2019.
Cesar Cabral RP: (480K) Service Clock has not started yet. Is Arbitration Eligible in 2016 and a Free Agent in 2019.
David Phelps SP: (480K) Would really save the club’s bacon by panning out as a Major League Pitcher. The organization needs quality players that are team controllable. Is Arbitration Eligible in 2015 and a Free Agent in 2019.
Projected Payroll in 2013: 180 – 189 Million Dollars
Brian Cashman certainly has his work cut out for him with how he spends his money. 2014 likely will not result in the playoffs again, however, you could set yourself up for 2015 and beyond
He should have about $85 MIL to work with. He will know the Arbitrator’s ruling for the A-Rod suspension by then. If it is reduced to 100 Games, the club will still be on the hook for about $11 MIL.
The Yankees will just not be as competitive in 2014. Luckily, the Outfield should not be a problem, although with Suzuki and Soriano, you have two guys north of 37.
If Cano doesn’t resign, you would have some additional dollars to sign new players. I would then sign Infante, McCann + the two top Starting Pitchers on the market (Nolasco and Garza).
If he does sign, I am thinking you have enough room to sign 2 new SP and the Second Baseman, you could see them make a play for Pierzynski or a guy like John Buck at Catcher.
The key all centers on Cano. Like I mentioned, you have a chance to sign him with the A-ROD $ coming off, however – his 2014 contract can’t be north of $25 MIL.
Yankees Management would love Jeter to play in one more season during the 2014 year. After next campaign. the free for all spending ‘Bronx Bombers’ should return after the Luxury Tax Threshold has been reset.
*** The views and opinions expressed in this report are those of the author and do not necessarily reflect the views of mlbreports.com ***
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Posted on September 27, 2013, in MLB Payroll and Contracts, MLB Teams: Articles and Analysis, The Rest: Everything Baseball and tagged @MLBreports on twitter, a.j. pierzynski, AL East, alex rodriguez, alfonso soriano, andy pettitte, Atlanta Braves, austin romine, boone logan, Brendan Ryan, brian cashman, Brian McCann, cc sabathia, Cesar Cabral, chris stewart, Chuck Booth. fastest 30 ballgames, cody eppley, curtis granderson, David Huff, david phelps, david robertson, dellin betances, detroit tigers, eduardo nunez, francisco cervelli, hiroki kuroda, ichiro suzuki, ivan nova, jayson nix, joba chamberlain, joe girardi, john buck, kelly johnson, kevin youkilis, lyle overbay, manuel banuelos, mariano rivera, mark reynolds, mark texeira, matt garza, michael pineda, New York Yankees Payroll 2014, omar infante, phil hughes, ricky nolasco, travis hafner, twitter @chuckbooth3024, vernon wells, Vidal Nuno, yankees 25 Man Roster, yankees 40 man roster. Bookmark the permalink. Leave a comment.