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With a 1-0 walkoff loss last night to the Rays, New York was eliminated from AL East Division contention, and put to the brink of playoff elimination altogether – with a 6 game deficit to the 2nd Wild Card Slot holding Royals.
At just 76 – 73 on the year, the Bronx Bombers’ 2014 campaign is about ten seconds from a toe-tag!
I am sick and tired of hearing all this praise being bestowed on Brian Cashman for the job he is done.
I will not lump Joe Girardi into this conversation, Heck, he has done a great job manipulating the roster he has been given. With the amount of injuries (which happens to old players – hello!) the Yanks are lucky they are not cellar dwelling with the Red Sox.
Back near the Trade Deadline, Chuck Booth explained the “Pinstripers” were foolish to not take advantage of a seller’s market, giving them the ability to deal some veterans – in order to get under the $189 MIL Luxury Tax Threshold. They were 47 – 47 at the ALL – Star Break.
Instead, the Yankees management kept adding players to the fold, despite missing 4 of their top 5 Starting Pitchers at the time. It was an ill-advised decision to take a stab at it.
Baltimore was already running away with the AL East, and the Yanks had lost Masahiro Tanaka. while Michael Pineda still had not returned. Plus the team’s horrible offense was not doing the job despite having the highest positional salaried bunch of guys in the Majors.
Whatever happened to the $189 MIL reset option??
Just because the team signed Tanaka, it didn’t mean they could not have drawn under the line by season’s end.
The truth was, that this team was flawed the whole throughout the offensive lineup, and unless they turned it around (which they didn’t), adding players was a moot point.
The biggest point I liked about Chuck’s article is he reasoned how dire the situation is for Starting Pitching heading into 2015.
Nice addition Brandon McCarthy will be a Free Agent after this year. Chances are Tanaka will be out for the entire season with Tommy John Surgery, because who has evaded this procedure when they have had a problem with their elbow in recent vintage?
I won’t wager any cabbage on CC Sabathia coming back strong (if at all), and Pineda is a Wild Card you simply can’t pencil in the starter’s Staff.
Kuroda is retiring, and lastly, there is no guarantee you will see Ivan Nova until at least part way through the 2015 year.
So that means as of right now, the rotation looks absolutely brutal. If the brass wasn’t discussing this scenario in their boardroom, they should all be fired for incompetence.
So, you may be asking yourself the question…it’s New York though, surely they will spend some money on Free Agents. Well.. yeah certainly, but because of this financial disaster the team sits, it is going to cost them dearly….
Losing 2 Get Out Of Jail Free Cards.
The thing of it is, the management stated they couldn’t give up on this season, because the club would suffer attendance and viewership on the YES Cable Network.
You gentlemen had the “Derek Jeter Farewell Tour” that essentially made you immune to any crowd problems at Yankee Stadium or on TV. Dumb…If there were any year you should have blown up the squad by trading some assets, to retool for next year, it was this season.
Just like the Phillies, you have piddled away the assets now of: David Robertson, Hiroki Kuroda, Suzuki – and you possibly could have dealt McCarthy again. Although in Chuck’s article, he said you had the money to save him, and at least have some pitching
No matter what you did in 2014, it wouldn’t have hurt you that bad, and now the team will suffer for the next 3 years because of their stupidity.
It wasn’t even the only “Get Out Of Jail Free” card… Almost $24 MIL of Alex Rodriguez 2014 Annual Average Salary was taken out by his year long suspension.
With that guy back in your lineup, that money comes back on the books for the tune of $27 MIL per year, plus any performance bonuses the man receives on his historic HRs, like passing Willie Mays by hitting 7 more HRs in 2015, to accrue a $6 MIL bonus for his efforts.
You are sitting on about 175 MIL worth of contracts now, and you the rotation I aforementioned, and are without the services of Robertson.
Good luck in being able to reset the Luxury Tax now until at least 2017. By then that stipulation may be no longer valid with a new CBA being bargained before play that season.
Chances are the Yankees will add a Starting Pitcher like Max Scherzer, Jon Lester or James Shields to their arsenal. but you have to figure these men will probably make on average per year $28 – 30 MIL, $20 – $23 MIL, and $18 – 20 MIL respectively each.”
This would mean you are right back over the Luxury Tax threshold yet again before adding any other players.
Realistically, if New York wants any shot to compete next year, they will need to dole out about $60 MIL extra to next year’s bottom line. This would probably net them a starting INF, 2 Starting Pitchers and some Bullpen arms.
To have a payroll that will near $240 MIL will cost them $25.5 MIL in penalties for going over the $189 MIL limit. (50% penalty for ongoing abusers of 4 or more consecutive years.)
If the Yankees have any aspirations of competing the next 3 seasons, it is likely to cost them nearly $80 MIL in penalties.
Had they been able to get under that limit, it would cost them much, much less.
The Reset would have made them 1st time offenders again in 2015..
So even at $51 MIL over the cap, they would only be charged $8.9 MIL next year, and if they wanted to go ballistic on acquiring expiring contracts at the end of the season, they could have added an additional $17 – 20 MIL($45 – $50 MIL of prorated salary before July 31, 2015) to add, and still pay only about they will if they are at $240 MIL in team salary next year.
Based on a $240 MILYearly Payroll from 2015 – 2017
Reset Option – Had They Got Under By Trading (Penalties on total salary)
2015 – Base Salary $240 MIL, (1st time offender on Luxury Tax, so that is a 17.5% penalty or roughly $9 MIL) total team $ with that sum put on = $249 MIL.
2016 – Base Salary – $240 MIL (2nd time offender on Luxury tax, is a 30% penalty – which equals $15 MIL added, for a total of $255 MIL.
2017 – Base Salary – $240 MIL (3rd time offender, under current CBA, even if a new deal is reach, it is likely to be grandfathered in for payroll for a few years. a 3rd time violator pays 40%, which would make the team surrender a penalty of $20 MIL to equal out $260 in total team payroll.
This would bring the 3 year total to $764 MIL.
The Reality Version of The Yankees Based On Their Dumb Attempt To Make The 2014 Wild Card Game:
2015 – 17 Base Salary – $240 will carry out $25.5 MIL worth of penalties each annum – to equal out $76.5 MIL in penalties, plus the $720 in team salary to amount to $786.5 in salary.
Okay, so $22.5 MIL doesn’t sound like a lot of money right? But the 1st line of the 2015 is the reason why you reset the TAX to begin with.
New York could run with a budget of $300 MIL for 2015, and only have to pay out $19 MIL worth of Luxury Tax as a 1st time offender. It is why the Dodgers were able to run with their payroll so high in 2013 – 2014.
At just a 17.5 % penalty in 2013, the Dodgers only paid around a $10 MIL penalty on their $237 MIL budget last year. That mark comes up only another $6 MIL this campaign as well, with the club having a nearly same payroll.
The Yankees had the idea to get under the Threshold for this very reason.
The only chance this club now has is when the likes of A-Rod, Sabathia, Teixeira, Beltran all come off the books between 2016 – 2017, but they will still have to add others.
One of the big factors the Yankees can’t catch a break on their player salaries is their brutal player development in the last decade. I seriously don’t know why Cashman gets off scott free from this.
Brett Gardner is the only player with a 2015 contract, that the team has no question about, in having a starting position next campaign.
Yes, some of the pitching had developed in Dellin Betances and David Phelps, but those guys may be the only above average chuckers going forward. Does anyone think that Shane Greene has a higher watermark than a #5 Starter?
Ivan Nova is another player that is homegrown. but TJ Surgery is not a definite fix, and he was not a superstar in his time so far – despite having a nice won-lost record.
The decision to go for it in 2014, based on their AAV of $223 MIL, will cost them $17 MIL more in penalties this campaign, as they were over $34 MIL over the current cap.
That is $51 MIL for this year’s attempt, added to $22.5 MIL difference from what they will pay from a non-reset to stay at the 50% penalty from 2015 – 2017, ups that mark for a final currency of around $74 MIL. Not a wise decision to do based on the parameters set forth.
Do you really think the attendances would have sagged that much even if they were a 70 – 75 win club in Jeter’s last year?
Oh yeah… You could have also seen a number of prospects brought back for the guys you traded. These are assets that could have helped you along the way. Instead you gave up a few more in the fight to attain a longshot Wild Card Chance.
I just know one thing. If ‘The BOSS’ were still alive, someone would have been fired twice over by now.. New York decided to extend their GM… Good thinking guys (Heavy sarcasm here.)
*** The views and opinions expressed in this report are those of the author and do not necessarily reflect the views of mlbreports.com and their partners***
A Big thanks goes out to our chief writer Hunter Stokes for preparing today’s feature post.
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