New York Yankees Payroll In 2017 + Contracts Going Forward
The Bronx Bombers have a projected payroll of $195 MIL already – and are perennial abusers of the Luxury Tax Threshold – so they are at a 50% penalty for any money spent between $195 – $215 MIL.
Don’t look for them to add much – unless they can orchestrate a trade of one of their salaried players already.
The brass is playing this smart. The young players will make or break this current roster of players, however if the season gets away from New York, they will assuredly deal a few players away to get under the Luxury Tax Threshold once and for all.
By doing such that, they will reset the penalty to a 1st time user.
Salary relief is coming. Yet these guys may hurt the chances for future signings based on their deals
It was time for another new wave of Bronx Bombers, so if the players like Sanchez, Gleyber Torres, Aaron Judge, Clint Frazier, Tyler Austin, Luis Severino and Greg Bird can provide some of the answers as the veterans leave than the club will be in good financial shape.
Take it to the bank the Yankees will be players in the Free Agent market as early as next year with a guy like Jake Arrieta. Starting Pitching looks to be more of a hole in the long-term future.
Tanaka did register almost 200 Innings for the 1st time in his 3 career with the Yanks (199.2 IP over 31 Game Starts) – but you are still only averaging 25 Game Starts per year from 2014 – 2016.
Essentially, the Yankees are stuck with a #1 guy that can only lug 80 – 85% of what he should be doing for the team based on his salary and pitch arsenal.
Despite all of the roster limitations in recent years, the Yankees have continued their winning season streak to 24 – after plunking down mid 80’s in wins the last three years.
Joe Girardi has done a fantastic job maneuvering veterans and young players alike. With some of the bad contracts off the books, this is the 1st season the club could reel under the Luxury Tax Threshold.
In a best of case scenario, New York would be in contention near the Trade Deadline. and with a lot of expiring contracts in 2017, the club could take on some additional payroll at that time – given that the players brought in are not making much money beyond this campaign.
I have to think they could pick up a couple of players in the $20 MIL range for salary given that exact scenario, with the salary being prorated.
New York can spend up to $215 MIL with the 50% penalty enforced to cost them another $10 MIL in penalties.
From $215 – $235 MIL the club would be punished a 62% fine for those dollars, which would cost an additional $12.4 MIL.
I could never see them approach that mark, as they would have to be leading the Division to encounter this.
A $235 MIL payroll would cost an additional $22.4 MIL to the team salary – to reacg $257.4 MIL. The $215 MIL barrier pushes the payroll to $225 MIL. New York has been near $240 MIL the last 3 years.
Again, if the season goes awry, look for players like Brett Gardner, Michael Pineda, Tyler Clippard, Matt Holliday Chase Headley (although probably would have to eat some salary) and yes even Didi Gregorius could be shipped off to clear some salary with Gleyber Torres coming down the pike soon.
CC Sabathia would have to be dealing like an ace to have any club even look at him – and even then the Yankees would likely still have to eat 70 or 80% of his remaining salary.
So the Yankee Stadium fans have some relief coming – and the organization made the right move to a quick youth movement that will look to add some Free Agent Veterans in future offseasons to surround the great young talent.
It may not be that long until the Yankees are back in World Series contention after all..
CC Sabathia – SP (36): Makes $25 MIL for 2017 – and finally he will be gone after the year. That is a lot of jack for a guy that may just be a 5th starter.
Masahiro Tanaka – SP (28): Tanaka will make $22 MIL per year for each season from 2017 – 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 after this year. With the Yankees being of the hook for any responsibility with a guy with a ticking time bomb arm this should not displease the management.
Jacoby Ellsbury – CF (33): The quickly aging Outfielder makes $21.1 MIL for every year between 2017 – 2020. There is a Team Option for 2021 at $21 MIL or a $5 MIL Buyout.
Alex Rodriguez – DH (42): A-Rod makes $21 MIL for 2017 and will not play for the Yankees his summer after retiring in Aug of 2016. .
Aroldis Chapman -CL (29): The biggest signing ever for a Closing Ace will receive $17.2 MIL each of the years between 2017 – 2021. It is money well spent if he can keep racking up the Saves for each campaign.
Brett Gardner – LF (33); He was drafted by the organization – and finally will have some fellow organizational draftees to join him in 2017 with Gary Sanchez, Greg Bird and Tyler Austin all being on the roster, makes Makes $12.5 MIL in 2017 and $11.5 MIL in 2018 – before there is a Team Option in 2019 for $12.5 MIL that comes along with a $2.5 MIL Buyout.
Chase Headley – 3B (33): The Yankees have the switch hitting hot corner hitter has 2 years left on his deal from 2017 – 2018, where he collects $13 MIL each season. That is not that great considering he has averaged pedestrian numbers only thus far in his Yankees tenure.
Starlin Castro – 2B (27): The ex Cub makes $9.9 MIL in 2017, $10.9 MIL in 2018 and $11.9 MIL in 2018 before a Team Option arises in 2020 for $16 MIL or a $1 MIL Buyout. This contract is fair to what kind of production Castro can provide.
Matt Holliday – DH (37) – This great veteran was inked to a pact that was worth $13 MIL for one year and then he is a Free Agent.
Tyler Clippard – RP (32) – Is due $6.1 MIL in 2017 and then is a Free Agent. An underrated move at the time, the Yankees can use the setup availability of Clippard to set up games in a late inning role for the Pinstripers in 2017.
Michael Pineda – SP (28) – In a trade that was still very lopsided with Jesus Montero going the other way for Pineda’s services, the big Righty is in the last year of his Team Control and will make $7.4 MIL. He becomes a Free Agent heading into 2018.
Didi Gregorius – SS (27) – Just given a one year deal in his 1st year of Arbitration, Gregorius will take home $5.1 MIL in 2017, before entering two more campaigns of Arbitration before Free Agency looms in 2020.
Adam Warren – SP/RP (29) – The quintessential swingman was returned to New York in the Aroldis Chapman trade, makes $2.29 MIL in 2017, has one more year of Arbitration left before hitting the open market in 2019.
Tommy Layne – RP (32) – The Lefty Specialist earns $1.1 MIL in 2017 – has three years left of Arbitration before becoming a Free Agent in 2021. If he throws well he can stay awhile.
Austin Romine – C (29) – 805K for the primary backup backstopper is not a bad price to pay. Unfortunately the club also ate some money on the Brian McCann trade – so they did not get away scott – free from paying their Catchers anything of value.
Total Money for this Category for 2016: $171.5 MIL (13 Players)
Dellin Betances – RP (29): Is projected to earn $3.4 MIL in Arbitration, has 2 more eligible seasons in 2018 and 2018 – and is a Free Agent in 2020. He will be criminally underpaid for the next 3 years for whatever he makes. This guy is a staple in that Relief Core.
Aaron Hicks – OF (27): Hicks is slated to make around $1.4 MIL in 2017, and has 2 years of Arbitration left before hitting Free Agency in 2020. He will be hard pressed to win a starting job but has shown promise from his Minnesota days.
Ruben Tejada INF (27): Tejada is in his 3rd year of Arbitration but honestly he may not even make it to the hearing table as the Yankees brought him in for depth
Tejada has a payment of $1.4 MIL to potentially play on the Majors. Tejada can go anywhere after the next season again.
Total Money for this Category for 2017: $6.2 MIL Total Money So Far: $ 177.7 MIL (16 Players)
Dead Money POS/AGE:
Brian McCann – C (33): For trading the Catcher, the Yankees will eat $5.5 MIL worth of salary for each of the 2017 and 2018 seasons before they are free and clear of owing him any more dead money.
Total Money for this Category – $5.5 MIL. Total salary: $183.2 MIL
Greg Bird – 1B (24): Is Arbitration Eligible from 2019 – 2021 and a Free Agent in 2022.
Luis Severino – SP ( 22): Is Arbitration Eligible from 2019 – 2021 and a Free Agent in 2022.
Chasen Shreve – RP (26): Is Arbitration Eligible from 2018 – 2020 and a Free Agent in 2021.
Bryan Mitchell SP (26): Is Arbitration Eligible from 2019- 2021 and a Free Agent in 2022.
Rob Refsnyder – 2B (26): Is Arbitration Eligible from 2019 – 2021 and a Free Agent in 2022.
Branden Pinder – RP (27): Is Arbitration Eligible from 2019 – 2021 and a Free Agent in 2022.
Tyler Austin, 1B/RF– (25): Is Arbitration Eligible from 2020- 2022 and a Free Agent in 2023.
Richard Bleier (29): Is Arbitration Eligible from 2020- 2022 and a Free Agent in 2023.
Aaron Judge OF/DH (25): Is Arbitration Eligible from 2020- 2022 and a Free Agent in 2023.
Luis Cessa RP (25): Is Arbitration Eligible from 2020 – 2022 and a Free Agent in 2023.
Johnny Barbato RP (25): Is Arbitration Eligible from 2020- 2022 and a Free Agent in 2023.
Mason Williams – CF (25): Is Arbitration Eligible from 2019 – 2021 and a Free Agent in 2022.
Gary Sanchez – C (24): Is Arbitration Eligible from 2020- 2022 and a Free Agent in 2023.
Total Money for this Category for 2017: $6.8 MIL Total Money So Far: $ 190.70MIL (16 Players).
With A-Rod’s AAV $6 MIL higher. the total for New York and their Payroll AAV for the 2017 Cap Hit is probably slightly over the $195 MIL Luxury Tax limit, but could be offset easily by one trade of a veteran midway through the year.
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Posted on January 16, 2017, in MLB Payroll and Contracts and tagged aaron hicks, aaron judge, adam warren, alex rodriguez, Andrew McCutchen, andrew romine, Branden Pinder, brett gardner, brian cashman, Brian McCann, bryce harper, cc sabathia, Chad Green, chase headley, Chasen Shreve, chicago cubs, clint frazier, didi gregorius, gary sanchez, Gleyber Torres, Greg Bird, houston astros, jake arrieta, joe girardi, Luis Cessa, luis severino, mashiro tanaka, mason williams, matt holliday, New York Yankees Payroll in 2017, Richard Bleier, Rob Refsnyder, slade heathcott, starlin castro, Tommy Layne, tyler austin, yankee stadium. Bookmark the permalink. Comments Off on New York Yankees Payroll In 2017 + Contracts Going Forward.