• Bad Times Coming For Yankees In 5 Years?

    Posted by on February 27th, 2010 · Comments (2)

    Joel Sherman, today, wonders if “Aging contracts real time-Bombers.” This sort of ties into a comment that I made here just the other day. At that time, I was more worried about 2016. But, maybe the issue does start in 2015? A few snips from Sherman:

    Nevertheless, there is a minefield out there for the Yankees. In just base salary, the Yankees are due to pay $90 million to Alex Rodriguez, CC Sabathia, Mark Teixeira and A.J. Burnett in 2013. The youngest will be Sabathia and Teixeira, both at 33. This is before we find out if the Yankees do as much as a three-year extension with Jeter, which would drive the 2013 payroll well over $100 million for five players.

    [Alex] Rodriguez is just three years into a 10-year extension and a year removed from major hip surgery. Amazingly, he still is signed further into the future, through 2017, than anyone in the sport. He will turn 42 that season, so what are the chances that 10-year deal goes as well for the Yankees as the one they signed with Jeter?

    Teixeira is signed through 2016, tied with St. Louis’ Matt Holliday for the second longest into the future that any player is guaranteed money. Sabathia, a heavyweight with a heavy workload, is signed through 2015. Rodriguez, Teixeira and Sabathia are signed for a combined $66 million in 2015.

    Burnett, who just had his first-ever back-to-back 200-inning seasons, is enlisted through 2013

    “There is risk involved,” general manager Brian Cashman conceded.

    Aw, what a drag it is getting old

    Comments on Bad Times Coming For Yankees In 5 Years?

    1. jay
      February 27th, 2010 | 11:00 am

      Having that much tied up in only 5 players is obviously not ideal, but there are a couple of things to consider.

      First, Sabathia’s opt out looms. Obviously he’d only opt out if it’s advantageous for him, meaning he’d still be pitching like a stud, but still, it’s at least something to consider when projecting payroll.

      Next, we don’t know what Jeter and Rivera’s contracts are. We can guess, but it’s still just a guess. I have a feeling that Jeter’s AAV will be less than $20M, but obviously that’s the same as anyone else guessing.. it’s not based on anything. I could also see Rivera doing a year to year thing like Tim Wakefield.. I can’t even begin to speculate as to the value.

      Finally, I’m recalling a conversation where people were talking about Cashman not offering arbitration to Nady and Damon this year and Abreu last year. While I would have liked to see Damon offered arbitration this year (because I think he wouldn’t have accepted it), I can at least understand why he didn’t offer it to both of those players. But what I seem to be picking up on is that people think Cashman is diametrically opposed to offering arbitration, and I think that’s not true. My point is that the Yankees will be in a position to take advantage of Granderson, Vazquez, and Swisher’s situations by picking up some draft picks when they leave. And they’ll need to take advantage of those situations to get some cheap players at the MLB level when they’re dealing with all these big contracts.

    2. Evan3457
      February 27th, 2010 | 2:40 pm

      If you’re not willing to risk a year, or years, of not winning, then you’re going to have a of veterans on the team. Veterans are older. If you have holes you have to either trade for veterans with existing contracts (Vazquez, Swisher, Granderson) or sign veteran free agents.

      If you want productive veterans, if you want to sign free agents to fill holes, then you have to give them long-term deals, deals in which they will be in serious decline by the contract’s end. This means you will always have to fight against the “age treadmill” at the back end of those contracts.

      It has always been thus in the Steinbrenner era. It will continue to be thus. This structural inefficiency is a logical outgrowth of the organization’s decision to avoid a down year or two at all costs. Nothing can really be done about it…unless and until they change that decision.

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