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Despite a virtually unprecedented sell-off at the non-waiver trade deadline, the Yankees were in the thick of the Wild Card race through late September thanks to some significant strides from their young talent. With the path to playing time for a number of upstart players beginning to clear, they’ll look to supplement their increasingly youthful core in an effort to return to postseason play next year.
Guaranteed Contracts
- Jacoby Ellsbury, OF: $89.57MM through 2020 (including $5MM buyout of 2021 club option)
- Masahiro Tanaka, RHP: $89MM through 2020 (may opt out of contract after the 2017 season)
- Brian McCann, C: $34MM through 2018 (plus 2019 club option)
- Starlin Castro, 2B: $31MM through 2019 (including $1MM buyout of 2020 club option)
- Chase Headley, 3B: $26MM through 2018
- Brett Gardner, OF: $25MM through 2018 (including $2MM buyout of 2019 club option)
- CC Sabathia, LHP: $25MM through 2017
- Tyler Clippard, RHP: $4.15MM through 2017
Arbitration Eligible Players (service time in parentheses; projections by MLB Trade Rumors)
- Michael Pineda (5.099) – $7.8MM
- Dustin Ackley (5.087) – $3.2MM
- Nathan Eovaldi (5.013) – $7.5MM
- Adam Warren (4.031) – $2.3MM
- Didi Gregorius (3.159) – $5.1MM
- Dellin Betances (3.078) – $3.4MM
- Austin Romine (3.045) – $900K
- Aaron Hicks (3.041) – $1.4MM
- Tommy Layne (2.139) – $1.2MM
- Non-tender candidates: Ackley, Eovaldi
Other Financial Commitments
- Alex Rodriguez, DH: $21MM through 2017
Free Agents
- Mark Teixeira (retiring), Billy Butler
New York Yankees Depth Chart; Yankees Payroll Overview
Few would’ve pegged the Yankees as likely contenders after dealing Andrew Miller, Aroldis Chapman and Carlos Beltran prior to the non-waiver trade deadline, but the team hung around in the Wild Card race, buoyed largely by the superhuman performance of rookie Gary Sanchez and late flourishes from arms like CC Sabathia, Michael Pineda and Masahiro Tanaka — each of whom was excellent in September.
However, while Sabathia, Pineda and Tanaka each finished strong, that performance is potentially misleading. Each member of that trio entered the 2016 campaign with significant health questions — Sabathia’s knee, Pineda’s shoulder, Tanaka’s elbow — and it’d be unwise to expect that group to combine for 30 starts apiece once again in 2017. With the loss of Nathan Eovaldi to Tommy John/flexor repair surgery, the Yankees’ pitching depth took a further hit, leaving it unclear as to exactly who can shoulder the load for the rotation next season.
Certainly, Tanaka, Pineda and Sabathia are penciled into the mix, but the two additional spots beyond that group of veterans is up for grabs. Chad Green, Luis Severino, Bryan Mitchell and Luis Cessa are all candidates, and Adam Warren has done his share of starting for the Yankees in the past as well. But it’s not entirely clear that Severino’s future is in the rotation after a ghastly 8.50 ERA as a starter (47 2/3 innings) against a ridiculous 0.39 ERA as a reliever (23 1/3 innings). Obviously, those are small samples, but questions about Severino’s long-term ability to start date back to his days as a prospect, and the 2016 season certainly lends some credence to those who advocate for him to join Dellin Betances as a rotation prospect that instead thrives as a power arm in the bullpen. The 52 strikeouts that Green piled up in just 45 2/3 innings make him the next-most intriguing name of the bunch, but he finished the season on the shelf due to a flexor strain of his own, so there’s little certainty with regard to the 25-year-old.
The free-agent market is notoriously thin this offseason, though if GM Brian Cashman wants to utilize the financial flexibility he gained via the retirement of Mark Teixeira and the shedding of the Beltran, Chapman and Miller contracts to chase upside, the Yankees can certainly afford to beat the market for Rich Hill. The 36-year-old’s renaissance has been one of the most remarkable storylines of the past season, and Hill is unquestionably the only thing resembling a top-of-the-rotation pitcher on the free-agent market. He’d add his own laundry list of injury question marks to the Yankees’ ledger, of course, but Hill’s 2.21 ERA and 178-to-39 K/BB ratio across his past 146 1/3 big league innings (postseason included) are difficult to ignore.
The other top names on the market include Jeremy Hellickson, who figures to reject a qualifying offer (which curbed the Yankees’ free-agent pursuits last winter in an offseason in which they remarkably elected not to sign a single MLB free agent), and former Yankee Ivan Nova. Bounceback arms will be plentiful, with the likes of Charlie Morton, Brett Anderson, Bud Norris, Jake Peavy and Henderson Alvarez all available if they’re comfortable trying to reestablish themselves in the tight confines of Yankee Stadium.
The trade market represents Cashman’s other primary avenue to a big league rotation piece, but the GM has indicated that he doesn’t think he’s at the point where he’s ready to offload a newly acquired plethora of high-end minor league talent in order to procure a front-line starter. That could be a smokescreen and could change as opportunities arise throughout the offseason, but for now it sounds like Yankees fans should think more along the lines of Ervin Santana than Chris Sale or Chris Archer when it comes to trade targets. The subtraction of a number of a number of expensive commitments — Teixeira is already off the payroll, and both Alex Rodriguez and Sabathia will be next offseason — also allows Cashman to consider the possibility of taking on a burdensome contract from another club that would be more manageable for the Yankes. Whether it’s achieved through free agency or trades, adding an arm that’s controllable beyond the 2017 campaign seems imperative, as the Yanks could see Tanaka, Pineda and Sabathia all depart next offseason.