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New York Yankees Payroll In 2016 + Contracts Going Forward

With almost $100 MIL tied up in contracts for Sabathia, A-Rod, Teixeira and a potential Tommy John Surgery candidate in Masahiro Tanaka, this New York squad is in some deep trouble for next season. Despite the recent playoff misses, and injury prone players brought in by Brian Cashman, the club saw fit to grant him a 3 year extension last month. It may take a small miracle for them to make a playoff spot next campaign..

With almost $100 MIL tied up in contracts for Sabathia, A-Rod, Teixeira and a potential Tommy John Surgery candidate in Masahiro Tanaka, this New York squad is in some deep trouble for next season.  It may take a small miracle for them to make a playoff spot next campaign again without spending some cash.

Chuck Booth (Owner/Lead  Analyst) 

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Brian Cashman can finally see some relief from some exorbitant contracts plaguing him from the last several years.

2016 sees the last year on deals for C.C. Sabathia, Mark Teixeira and Carlos BeltranAlex Rodriguez is still on the book for one more year after this.

Sabathia does have a Vesting Option for $25 MIL if salary guaranteed if he 1) does not end 2016 on the disabled list with a left shoulder injury, 2) does not spend more than 45 days in 2016 on the disabled list with a left shoulder injury or 3) does not make more than six relief appearances in 2016 because of a left shoulder injury.

The Yankees can’t guarantee this will happen. Therefore the club must treat this contract as part of their deal for 2017 as well.  The Buyout would be $5 MIL.

Sabathia’s drinking aside, they are paying for the good years right now, and he is no better than a 5th Starter – and at 36 years of age with 3000+ IP logged for his career, there may be not much left in the tank.

mark teixeira

Teixeira had a great 4 months in 2015, and was fully deserving to be paid handsomely for it, but it was his apparent successor of Greg Bird who has given the team some options going forward.

Tex comes off the books after 2016.

Carlos Beltran will be compared to Curtis Granderson for one more year – and it is not even close.  I was the first one to say the Yankees would regret that move.

Grandy had a wicked year for the NL Pennant winners. While Beltran had a decent second half, he is not the player the Bronx Bombers needed to supplement their team.

There is some more good news.  If New York has finally found a young stud pitcher in Luis Severino.  Lets hope he doesn’t go the way of Joba Chamberlain or Phil Hughes after taking the league by storm.

Masahiro Tanaka continues to be ten seconds from a TJ Surgery, but has held up way longer than anyone initially thought.  As a betting guy, I would still say he is due at any time.

Under the young Steinbrenner’s regime (compared to their old man), the team has shown some fiscal restraint.  2016 may be another year they are over the Luxury Tax Threshold, and suffer a 50% penalty for it, but they are inching closer to the mark every year.

The total team salary ranged near $219 MIL, so the Pinstripers will only be on the hook for a levy of $15 MIL.  That is much better than doling out cash to the tune of $10 MIL more in 2014.

Renaissance years by Mark Teixeira and A-Rod tallying 30+ HRs each must have shocked even the brass in the organization.  They might not be able to count on that production the next campaign.

Furthermore, Joe Girardi managed to steer the often injury riddled Starting Rotation through a full year.  But again, that was lucky as well.

Where can the team spend on this offseason.

I would target Jordan Zimmerman, Jeff Samardzija and Ben Zobrist.  If this team tries really hard, they should be able to secure 2 of these 3 guys.

Zobrist will be part of any team’s write up needs as a multi talented Utility guy, who may not cost more than about $10 – $11 MIL per year.  It would solve their 2B slot.

In a pinch, Zobrist can also play the OF.  So that would be great when Jacoby Ellsbury or Beltran head to the DL, which is a regular occurrence.  Robert Refsnyder could be brought in to work at 2B.

With Brett Gardner and Jacoby Ellsbury taking up the 1-2 slots in the lineup and the LF and CF positions, it would not be wise to fork out too much money on an OF this year.  If Beltran can stay healthy as well, he would serve well as the RF.

Beltran would also be ideal as the DH against tough Right Handed Pitchers.

With the Bullpen…There is no worries at the back end of your staff with Andrew Miller, Dellin Betances and even Justin Wilson manning the late inning Relief Core.  You can peacemeal the rest of the guys through low tiered Free Agents and prospects within the system.

The Yankees should spend every waking dollar on 2 Starting Pitchers that can run with the ace status.   Look, you almost have no chance to get underneath the salary cap in 2016 either, so why not improve the team and take a run at a winnable Division,

In 2017, the contracts only equal $139 MIL, and could withstand a few new signed pitchers into the fold for multi-year deals.  In 2018, A-Rod will no longer be there either, so adding the pitchers right now when the crop of FA’s that are #1’s has never been higher.

The time to drop under the Luxury Tax will be after the new CBA is put into place – and following the 2017 year.

The Yankees aren’t even the biggest abusers in the MLB now.  That distinction goes to the Dodgers who spent nearly $100 MIL dollars more than the Yankees – who were at #2.

In 2017, or 2018, you could also have Brian McCann take over some of the duties at 1B once Teixeira is gone.

The team would love Greg Bird to workout for salary reasons, yet the club still has Gary Sanchez coming up the pike at Catcher, and John Ryan Murphy has shown a decent stick as a backup.

Again, a 2 – 3 year contract for Ben Zobrist would be right up the teams wheelhouse.  They are used to 35+ guys in age that can from both sides of the plate and play Infield.

Scott Kazmir and Wei-Yin Chen should also be on the teams radar with a need for Left Handed Pitching at or near the top of the rotation.  Their salaries may also sit better with the club long-term because they wouldn’t be offered as many years on their deals.

Again, the one thing I caution is that Tanaka may go down at any point.  They would be best to take on a Zimmerman or Samardzija that are Innings eaters – that could prove to be #1’s.

The purpose of these guys as Starters is to also take some of the pressure off of Betances and Miller appearing in every game for the squad.

Chen and Kazmir are probably better to throw around 180 IP, and skip the occasional start here or there for preservation.

If you added both Zimmerman and Samardzija, it would run you nearly $40 MIL, but would drop Tanaka to #2 spot, and pull back Michael Pineda to a #4 slot – and an improving Nathan Eovaldi at #5 to begin the year.

You could start Severino in the Bullpen, or even in the Minors to watch his Innings limit.  I would not have Ivan Nova or Sabathia in the Rotation if possible.  Who knows, Sabathia might not even be healthy by then.

Adam Warren also showed he could be a spot starter, and was great in the Bullpen, and could be the heavy used swing man on the Staff.

The team should try to bring back Chris Young for another one year deal.  Provided he doesn’t cost more than $4 MIL for that deal.  He had a decent year as a 4th OF.  The club could use his pop from the right side too.

Guaranteed Contracts/POS/AGE:

CC Sabathia – SP (35):  Makes $25 MIL in 2016 and $25 MIL for 2017 if he doesn’t have his left shoulder hurt.  Read that stipulation at the top of the article.

Mark Teixeira – 1B (35):  $23.1 MIL total for 2016 – and is a Free Agent in 2017

Carlos Beltran – OF (38):  This is the last  year of his deal is for $15 MIL.

Masahiro Tanaka – SP (27):  Tanaka will make $22 MIL per year for each season from 2016 – 2019 and then makes $23 MIL in 2020.  There is a player opt out clause after 2017.

Assuming Tanaka is healthy, he may decide to go for that.  Another reason the Yankees should sign 1 – 2 Starters.

Jacoby Ellsbury – CF (32):  The quickly aging Outfielder makes $21.1 MIL for every year between 2016 – 2020.  There is a Team Option for 2021 at $21 MIL or a $5 MIL Buyout.

Alex Rodriguez – DH (41):  A-Rod makes $20 MIL for both of 2016 and 2017.  He does have the bonus if he club 28 HRs more to pass Babe Ruth for 3rd on the ALL – Time list.

That calls for another $6 MIL bonus.  He should pass that if he plays with regular AB in the next 2 seasons.

Brian McCann – C (32): Brian McCann makes $17 MIL a year for each of the seasons between 2016 – 2018. A 2019 Team Option will vest if he totals 1,000 PAs from 2017-18, catches 90 games in 2018 and is not on the disabled list at the end of the 2018 season.

Brett Gardner – LF (32);  The only Starting position player that was drafted by the organization, makes $13.5 MIL in 2016, $12.5 MIL in 2017 and $11.5 MIL in 2018 – before hitting the open market in 2019.

Chase Headley – 3B (31):  The Yankees have the switch hitting hot corner hitter has 3 years left on his deal from 2016 – 2018, where he collects $13 MIL each season.

Andrew Miller – CL (30):  A nice valued contract at $9 MIL per year for the next 3 years (2016 – 2018)

Brendan Ryan – INF (33):  Makes a $1 MIL in 2016 and is a Free Agent in 2016

Total Money for this Category for 2016: $180 MIL

Arbitration Eligible/POS/AGE

1st Year

Didi Gregorius – SS (25):  As a Super ‘2’ Arbitration Eligible Player, this is the 1st year of 4 straight the SS will collect Arbitration.  I would expect a deal for about $1.7 MIL in 2016.

Justin Wilson – RP (28):  As a Lefty specialist, he will probably be awarded a deal in the $1.3 MIL range to $1.5 MIL or 2016.

Adam Warren – RP/SO (28):  Warren should warrant around the same cash as Wilson  $1.3 to $1.5 MIL

Total Money for this Category – $4.5 MIL in 2016.  Total team Salary – $184.5 MIL

2nd Year

Michael Pineda – SP (26):  Pineda struggled in the 2nd half, and ended the year with a 4.37 ERA.  He made $2.1 MIL in 2015.  Look for a $4.5 MIL salary in 2016.

Nathan Eovaldi – SP (25):  The flamethrower earned $3.3 MIL in 2015 – and went 14 – 3 with a 4.20 ERA.  This should net him between $6 and $7 MIL for this upcoming year.

Dustin Ackley – 2B/OF (27):  Ackley made $2.6 MIL In 2015.  He may be non – tendered by the club.  If he makes it through that – and into Arbitration, he would earn around $3 MIL. Might be a decent option if the team doesn’t try to sign Chris Young.

Total Money for this Category – $13 MIL.  Total team salary $197.5 MIL

3rd Year

Sergio Santos – RP (32):  Will probably be non-tendered by the Yankees.  At worst, may make $1.5 MIL for 2016.

Ivan Nova – SP (29):  Nova made $3.3 MIL in 2015.  If the Yankees don’t plan for this man to be in the rotation for 2016, they should non-tender the guy.  Same can be said if they sign 1 – 2 Starters.

He would cost the club around $3.5 MIL in Arbitration. Nova could bounce back and be a trade chip in 2016.

Total Money for this Category – $3.5 MIL.  Total salary: $201 MIL

Dead Money POS/AGE:

Martin Prado – 3B (33):  $3 MIL for 2016.  This is the last year the Yanks pay for Prado to play in Miami.

Total Money for this Category – $3 MIL. Total salary:$204 MIL

Entry Level Contracts POS/AGE

Dellin Betances – RP (28):  Has one more year of team control. 3 years of Arbitration go from 2017 – 2019 and is a Free Agent in 2020.

Greg Bird – 1B (23):  Is Arbitration Eligible from 2019 – 2021 and a Free Agent in 2022.

Luis Severino – SP ( 21): Is Arbitration Eligible from 2019 – 2021 and a Free Agent in 2022.

Chasen Shreve – RP (25):  Is Arbitration Eligible from 2018 – 2020 and a Free Agent in 2021.

Slade Heathcott – OF (25):  Is Arbitration Eligible from 2019 – 2021 and a Free Agent in 2022.

Rob Refsnyder – 2B (24): Is Arbitration Eligible from 2019 – 2021 and a Free Agent in 2022.

Branden Pinder – RP (26): Is Arbitration Eligible from 2019 – 2021 and a Free Agent in 2022.

Chase Whitley – SP (26): Is Arbitration Eligible from 2018 – 2020 and a Free Agent in 2021.

Mason Williams – CF (24):  Is Arbitration Eligible from 2019 – 2021 and a Free Agent in 2022.

Gary Sanchez – C (22): Contract Status not updated – but should beArbitration Eligible from 2019 – 2021 and a Free Agent in 2022.

Total Money for this Category – $5 MIL. Total team salary is $210 MIL.

The total team salary should range from $240 – $250 MIL in contracts.  The Yankees would need to spend $35 – $45 MIL extra on 2016 Free Agents to compete in 2016.

Jordan Zimmermann is one the open market a Picture a Yankees world where they could own the offseason with $110 MIL to spend in 2016 payroll. Considering Ian Desmond, David Price, Jeff Samardzija, Jason Heyward and Justin Upton are also available, the Bronx Bombers could make their franchise set for the next 4 - 6 years with a Luxury Penalty reset, and to do it before the new CBA expires.

Jordan Zimmermann is on the open market.  Picture a Yankees world where they could have owned the offseason with $110 MIL to spend in 2016 payroll. Considering Ian Desmond, David Price, Jeff Samardzija, Jason Heyward and Justin Upton are also available, the Bronx Bombers could have made their franchise set for the next 4 – 6 years with a Luxury Penalty reset over the last few year ( they could have done this in 2014). Instead, the club decided to tip toe over the threshold in 2014 and 2015. Everything had to go right just to make the Wild Card Game.  I don’t see that happening 2 years in a row.  Zimmermann should still be on their radar – as Starting Pitching is still their #1 need.

*** The views and opinions expressed in this report are those of the author and do not necessarily reflect the views of mlbreports.com and their partners***

I am happy to be back at the helm of the MLB Reports, after completing my record 224 Games in the MLB Trip in 2015.  It was the 4th time I have seen all 30 MLB Parks since 2008. 

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Interview on CSN Philly during the month of July.

Interview on CSN Philly during the month of July.

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About chuckbooth3023

I played competitive baseball until 18 years old and had offers to play NCAA Division 1 University Baseball at Liberty University. Post-concussion symptoms from previous football and baseball head injuries forced me to retire by age 19. After two nearly made World Record Attempts in 2008, I set a New World Record by visiting all 30 MLB Parks (from 1st to last pitch) in only 24 Calendar Days in the summer 0f 2009. In April of 2012, I established yet another new GWR by visiting all 30 Parks in only 23 Calendar Days! You can see the full schedule at the page of the www.mlbreports.com/gwr-tracker . In 2015, I watched 224 MLB Games, spanning all 30 MLB Parks in 183 Days. Read about that World Record Journey at https://mlbreports.com/183in2015/229sked2015/

Posted on November 9, 2015, in MLB Payroll and Contracts and tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink. 1 Comment.

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