Full Count
A Furiously Updated Red Sox Blog
WEEI.com Blog Network
The Yankees Still Have Money to Burn 12.23.08 at 2:22 pm ET
By Alex Speier

It has been a busy and expensive offseason for the New York Yankees. As they prepare to enter into a new ballpark–a move that will not only generate tens of millions of dollars in additional revenue, but that will also relieve the team of some of its revenue-sharing obligations–they clearly have money to spend, particularly since a number of players’ expensive contracts (Carl Pavano, Mike Mussina, Jason Giambi, Bobby Abreu, to name a few) are no longer on the payroll.

The Yankees have suggested that their 2009 payroll would not exceed the approximately $222 million (based on average annual value–an amount that led to a $26.9 million luxury tax penalty) that they spent on their 40-man roster this past season. In fact, even after dropping almost $425 million on contracts to free-agent first baseman Mark Teixeira and pitchers CC Sabathia and A.J. Burnett, New York does not appear likely to surpass that standard.

As of now, based on reports that Teixeira will earn an annual average of $22.5 million per season over his eight-year, $180 million deal, the Yankees appear to have salary commitments of just over $190 million to 18 players (with the caveat that Kei Igawa and Andrew Brackman are not likely to be on the major-league roster) for 2009:

 

 


Player 2009 AAV Notes
A Rodriguez 32 27.5  
CC Sabathia 14 23  
M Teixeira 22 22.5 Estimated 2009
D Jeter 20 18.9  
AJ Burnett 16.5 16.5  
M Rivera 15 15  
J Posada 13.1 13.1  
J Damon 13 13  
H Matsui 13 13  
N Swisher 5.3 5.35  
C M Wang 5 5  
D Marte 3.75 4  
X Nady 5.5 5.5 Arbitration estimate
R Cano 6 7.5  
J Molina 2 2  
A Brackman 0.1 1.14 2009 estimate
B Bruney 1.2 1.2 Arbitration estimate
K Igawa 4 0 Not on 40-man roster
       
TOTAL 191.45 194.19             

(Note: all numbers are in millions)

All of that suggests that even with their three huge signings this offseason, the Yankees may *still* have available payroll with which to round out their roster than most clubs in baseball.

Read More: a.j. burnett, C.C. Sabathia, Mark Teixeira, Red Sox Print  |  Email  |  Bark It Up!  |  Digg It
  • Mike

    Not surprised about the late Yankees offer, but am surprised that the Sox seemed unprepared to consider this development and adjust, especially given the $$$ offered were within the Sox ballpark.

  • chris

    looks like we will have to re-sign manny

  • Jonathan

    Not surprised, the vultures waited until everything was dead, then got their meat. He’s going to hurt us for a few years, then I see him crumbling like Giambi did…it’s not easy to play in NY…hope they’re as happy in 5 years…probably not.

  • chris

    No question Manny will help this club down the stretch against the Yanks

  • David

    Manny’s not coming back to Boston. Why would Tex crumble like Giambi? I know its wishful thinking that he would, but Giambi crumbled because he stopped juicing, not because of any “pressure”. Plus, if pressure would have made Tex crumble, then why would the Sox and all their fans have wanted him to come to Boston. Last time I checked, the pressure is pretty high for Boston athletes too.

  • Pete

    Won’t be surprised if the Yank’s still sign Manny. There will be a ton of preasure on Girardi this season, right from the start. If they get off to a bad start Hank will hang him out in a heart beat.

  • dan

    Good, just wasting more of their money on pre-madonnas who have no idea what it takes to WIN, just get paid. It’s pretty obvious now that the Yankees like to give out checks to people who just want to get paid. I don’t see many winners on this payroll… maybe a few of the underpaid players… er should I say the players who didn’t make much money when they did win

  • http://WEEI LOCKY

    GET ANY THOUGHT OUT OF YOUR HEAD THAT MANNY IS COMING BACK. aIN’T NO WAY AND AS A MATTER OF FACT DON’T BE SURPRISED IF THE YANKEES TAKE HIM TOO.

  • chris

    I figure they can get manny for a discount since the Yanks did not get him

  • http://www.firebrandal.com Tim Daloisio

    I have to agree with Mike (first comment here). If the Red Sox held a firm line on their commitment, the important question is was their line too low to start with…and secondly, that is was the Yankees that were in play instead of the Nationals, should that have altered the line anyway?

    I think this is a big loss for the Red Sox. Not the end of the world, but Teixeira could have been a top 15 hitter in Red Sox history.

    http://firebrandal.com/2008/12/23/crystal-ball-mark-teixeira-circa-2015.html

  • Kevin P

    We have a hole punched in our lineup; since Manny was traded. (MISTAKE) !!
    As good a year as Youkilis had, nobody feared Ortiz-Youkilis like the Ortiz-Ramirez 1-2 punch.
    Teixeira was our chance to restore 90%of that and now Theo & Co. screwed that up too.
    Thanks Theo; You Complete A*Wad !!!!
    Withe the second highest priced tickets in baseall; you couldn’t go out-of-your-way ONCE to fix the hole in our lineup.
    Oh, I imagine Jason Bay should fix all that, right Theo ??!!
    DumbA@#$ !!
    Merry “F”ing Christmas Theo & Co.

    You@#$% !!

  • Ed

    We will be fine without Tex. We have a strong lineup and still have great pitching. I don’t know what all the panic is. The GOOD thing about all of this is the Red Sox-Yankee rivalry for 2009 will back battling for 1st and 2nd place leaving Tampa behind.

  • http://supergoddessgirl.blogspot.com rebecca

    This was a major disappointment, not because Tex was all that; but because we do have a hole in our lineup…

    And because the Yankees said they weren’t in the running for him.

    And because this was all about money — not about choosing the organization that Tex really wanted to play in. (Maybe he would pick the Yanks over the Sox anyway – but we’ll never really know that.)

    This was all about everything that is wrong about baseball and why there needs to be a salary cap.

    It’s not a sour grapes thing… we were throwing insane money at him too. It’s just that there’s such a hired gun mentality in players these days — isn’t there more to playing for a team than JUST the paycheck?

Red Sox Box Score
Red Sox Schedule
Baseball Analytics Blog
Red Sox Headlines
Red Sox Minor League News
Red Sox Team Leaders
MLB Headlines
Tips & Feedback

Verify