ESPN is reporting that the Yankees will look to cut payroll this offseason, possibly by more than $20 million to get the total down to around $185 million. Our friend Marc Carig is hearing the same thing about a diminished payroll.
Even with the cut, the Yankees still have some room to make a move, but a huge free agent splash might be out of the question. This is what last year was about. The Yankees made their major investments last winter and will spend this winter filling in the gaps.
Whatever the reports, it’s impossible to rule the Yankees out of anything, but it certainly seems that they’re going to try to cut costs.