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Steinbrenner believes in less-expensive Yanks

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07:06 AM ET 05.17 | The notion, of course, seems absurd in nearly every other MLB city, but Hal Steinbrenner says the success of the injury-depleted Yankees is fortifying his commitment to get the payroll below the luxury-tax threshold of $189 million for 2014. "I always believed it could work if -- if -- the young players, which I've been saying all along, pan out and do their job," he said Thursday. ... "I'm proud of them, my family's proud of them," Steinbrenner said. "They've been fighting hard all year long, and despite significant adversity, they've persevered. It's fun to watch. They're scrappy. Coming from behind, it seems like certain times in the past, it's not something you had confidence in."

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Derek Jeter, Getty Images Derek Jeter, Getty Images
May 17, 2013  07:57 AM ET

Tell you what, man...I'll believe this when they let Cano go.

Or, does Cano help out the Yanks by signing for a low salary in '14 that balloons later? Does that help the Yanks, or does MLB go by average contract value?

May 17, 2013  08:02 AM ET
QUOTE(#1):

Tell you what, man...I'll believe this when they let Cano go.Or, does Cano help out the Yanks by signing for a low salary in '14 that balloons later? Does that help the Yanks, or does MLB go by average contract value?

That won't help the Yankees' salary cap issues that much. For purpose of the salary cap, MLB uses the player's average salary.

May 17, 2013  08:10 AM ET
QUOTE(#2):

That won't help the Yankees' salary cap issues that much. For purpose of the salary cap, MLB uses the player's average salary.

I have a hard time seeing how they can keep him AND meet the '14 salary goal, then.
But, who else can afford him? The Bosox have a 2B and the Angels and Dodgers are probably unlikely to pick up another expensive 30+ guy.

May 17, 2013  08:16 AM ET
QUOTE(#3):

I have a hard time seeing how they can keep him AND meet the '14 salary goal, then.But, who else can afford him? The Bosox have a 2B and the Angels and Dodgers are probably unlikely to pick up another expensive 30+ guy.

Agreed. By my calculations, if they sign Cano for $25 mil per year, that leaves the Yanks with less than $1.5 mil per position to fill 34 roster spots. I don't think that is going to happen.

Even if the Yanks let Cano walk, they still have < $2 million per position to fill 35 spots.

May 17, 2013  08:31 AM ET

By my math (with a big assist from baseballreference.com) the Yankees in 2014 lose at least 85.63 mil in contractual obligations and are on the hook for 82.4 mil in guaranteed contracts (CC, Tex, etc...), as well as other additional cost considerations, which means that for 2014 they will have a payroll of 111.8 mil before any options are exercised and an estimated 119.3 mil payroll after all options are excercised.
Now, of course they still need to sign Cano (25 mil average?) and replace all those other "lost" position player/pitching player dollars but they will have some wiggle room for some interesting, and potentially creative, off season dickering.

May 17, 2013  08:51 AM ET
QUOTE(#5):

By my math (with a big assist from baseballreference.com) the Yankees in 2014 lose at least 85.63 mil in contractual obligations and are on the hook for 82.4 mil in guaranteed contracts (CC, Tex, etc...), as well as other additional cost considerations, which means that for 2014 they will have a payroll of 111.8 mil before any options are exercised and an estimated 119.3 mil payroll after all options are excercised. Now, of course they still need to sign Cano (25 mil average?) and replace all those other "lost" position player/pitching player dollars but they will have some wiggle room for some interesting, and potentially creative, off season dickering.

jc, the "real" salary cap is $178 mil. I know the number that's been floating around is $187 mil, but that doesn't take into consideration certain player benefits (like pensions) that also count against the cap. After taking these other costs into consideration, the real number is $178 mil. That said, your points are well taken.

May 17, 2013  09:00 AM ET
QUOTE(#5):

By my math (with a big assist from baseballreference.com) the Yankees in 2014 lose at least 85.63 mil in contractual obligations and are on the hook for 82.4 mil in guaranteed contracts (CC, Tex, etc...), as well as other additional cost considerations, which means that for 2014 they will have a payroll of 111.8 mil before any options are exercised and an estimated 119.3 mil payroll after all options are excercised. Now, of course they still need to sign Cano (25 mil average?) and replace all those other "lost" position player/pitching player dollars but they will have some wiggle room for some interesting, and potentially creative, off season dickering.

118M seems nice, but after you add a 2B, SS, CF, 3 starting pitchers and a closer, not to mention all the smaller holes that will need to be filled, staying under that cap number will tough to do.

May 17, 2013  09:04 AM ET
QUOTE(#7):

118M seems nice, but after you add a 2B, SS, CF, 3 starting pitchers and a closer, not to mention all the smaller holes that will need to be filled, staying under that cap number will tough to do.

Especially if a starter or two happens to land on the DL for an extended period of time.

May 17, 2013  09:05 AM ET
QUOTE(#7):

118M seems nice, but after you add a 2B, SS, CF, 3 starting pitchers and a closer, not to mention all the smaller holes that will need to be filled, staying under that cap number will tough to do.

... but potentially doable. Whether they do it, or not, is entirely another question.

May 17, 2013  09:07 AM ET
QUOTE(#5):

By my math (with a big assist from baseballreference.com) the Yankees in 2014 lose at least 85.63 mil in contractual obligations and are on the hook for 82.4 mil in guaranteed contracts (CC, Tex, etc...), as well as other additional cost considerations, which means that for 2014 they will have a payroll of 111.8 mil before any options are exercised and an estimated 119.3 mil payroll after all options are excercised. Now, of course they still need to sign Cano (25 mil average?) and replace all those other "lost" position player/pitching player dollars but they will have some wiggle room for some interesting, and potentially creative, off season dickering.

The only player they will try to keep is Cano and Kuroda. Possibly Granderson, but I do not think so, OF is their strongest minor league area. Hughes, Joba, Pettit are out of there.


Nuno, Warren, Phelps, Pineada will fill those SP spots. The good from this year is that they finally see that young players can play if you give them a chance.

May 17, 2013  09:09 AM ET
QUOTE(#9):

... but potentially doable. Whether they do it, or not, is entirely another question.

I agree it's doable, but they will have to trust the kids and be prepared for possible failure.

May 17, 2013  09:09 AM ET
QUOTE(#9):

... but potentially doable. Whether they do it, or not, is entirely another question.

They can come close. Remember, even if you give a Cano $25 million, he was making $15 before and all those $10-$13 million contracts that guys like Youk and Pettit have are gone. They will come close.

May 17, 2013  09:11 AM ET
QUOTE(#11):

I agree it's doable, but they will have to trust the kids and be prepared for possible failure.

They have no choice. They know it.

May 17, 2013  09:19 AM ET

The new Collective Bargaining Agreement motivates GMs to sign younger players (in their 20s) to longer term (5/7 years) deals, and older players (30s) to shorter term contracts paying big money for fewer years.
Cano should get big money somewhere, but the issue will be-- for how many years?

May 17, 2013  10:03 AM ET
QUOTE(#6):

jc, the "real" salary cap is $178 mil. I know the number that's been floating around is $187 mil, but that doesn't take into consideration certain player benefits (like pensions) that also count against the cap. After taking these other costs into consideration, the real number is $178 mil. That said, your points are well taken.

PENSIONS? - What's the league minimum? They can't take care of their own retirement? OH MY GOD!

May 17, 2013  10:06 AM ET

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