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Losing out on Yoan Moncada Sweepstakes
The Yankees fans let out a collective groan. but the cost of Yoan Moncada would be even more money than his $31.5 MIL signing bonus – and additional $31.5 MIL penalty. How about tacking on another $15.75 MIL for part of their $50% Luxury Tax Penalty?
I agree with the Yankees not wanting to shell out nearly $80 MIL for an unproven teenager. There are a numerous of examples of can’t miss prospects that won’t pan out.
The Yankees are estimated to have a payroll of near $221 MIL. But the actual AAV is a little higher with the length of term bringing up the overall mark. Alex Rodriguez makes $21 MIL in 2015, but he 10 year pact, was for an AAV of $27.5 MIL overall, so that is the number that brings up the clip.
If the Yankees are on pace to have spent $215 MIL in 2015, so by July, that means they would have put out about $105 MIL at the ALL-Star Break. This gives about $84 MIL worth of room, but you must take off around $27 MIL to fall under the limit.
For a Year to Year Breakdown For all of the Yankees players please visit here.