The LoHud Yankees Blog

A New York Yankees blog by Chad Jennings and the staff of The Journal News


Yankees spend money to seed the farm

Posted by: Peter Abraham - Posted in Misc on Jan 30, 2008 Print This Post Print This Post | Email This Post Email This Post

I’ve been reading the BA Prospect Handbook (seriously, order one) and found several interesting things.

Here’s is what the Yankees spent on draft picks in recent years:

2007: $7.4 million.
2006: $6.3 million
2005: $3.7 million
2004: $4.8 million
2003: $3.8 million

and the Red Sox:

2007: $3.5 million
2006: $6.8 million
2005: $6.2 million
2004: $1.8 million
2003: $5.1 million

Those numbers must scare the heck out of the rest of baseball. Two high-revenue teams invested $34 million in talent in the last three years. We’re starting to see the results in Chamberlain, Hughes, Pedroia, Ellsbury, etc. Those figures do not include money spent on international signings, another area the Yankees have invested heavily in.

Once Brian Cashman got his much-discussed power, he had the Yankees draft more high-ceiling (and more difficult to sign) college players instead of the toolsy high school kids they used to love. Their approach has changed.

I think we could see Miranda, Horne, Melancon, Marquez, Gardner and McCutchen in the majors this season. Kennedy and Ohlendorf could make it out of camp. Joba, too, obviously. The Yankees would be fools not to let Cashman continue on the track he is on. That investment is going to start paying off.

It’s hard to predict what the day-to-day stories are going to be in spring training. News breaks when you least expect it. But I’m going to try and write stories on as many of these kids as I can.

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