Well, Maybe Nick Swisher is available again. (Yanks sign Teixeira)
2:26pm: Buster Olney says they've reached an agreement on an eight-year deal worth more than $170MM.
Aside from the Red Sox, the Brewers and Blue Jays also lose here. Their draft picks from the Yanks for C.C. Sabathia and A.J. Burnett are bumped to the second and third rounds, respectively.
2:17pm: According to Jon Heyman, the Yankees are on the verge of signing Mark Teixeira to an eight-year, $180MM deal with a full no-trade clause.
So lets say Tex gets 175 Million/8 years
CC got 161/ 7 years
Burnett Got 82.5/5 years
Thats 418,500,000 on 3 damn players.
Are we ready for a salary cap yet...Anyone? I'm sure glad we are not in AL East. Must suck for Baltimore and Toronto fans knowing you never are going to have a shot the next 5 years. If no cap, just put the Yankees, Red Sox, Mets and Cubs all in the same division and let them just bid the crap out of each other.
In a unrelated note, Leatherpants just got sticky because he now gets to move on to Adam Dunn.
On the bright side, maybe we can get ourselves a deal on Nick Swisher. Surely the Yanks will look to move him now. I say a bullpen arm and a mid-level prospect will be enough to pry him away. He would fit in our outfield.
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61 comments
Comments
Also kind of funny
The Brewers go from getting the Yanks 1st round pick to the 2nd round because they signed a higher ranked player than CC
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by MixFMKyle on Dec 23, 2008 3:47 PM EST reply actions 0 recs
No offense, but the Rays showed that you can still win against the big boys this year
We’’re in process of trying to a guy with a trade record of working with pitches
by Slyde on Dec 23, 2008 3:48 PM EST reply actions 0 recs
now that I read it, I guess it's not offensive
I’m just hypersensitive on this Festivus.
I don’t give a shit about the Yankees. Let them blow all of their money to not win anything.
We’’re in process of trying to a guy with a trade record of working with pitches
by Slyde on Dec 23, 2008 3:49 PM EST up reply actions 0 recs
I don't care either, but I don't see how this is good for the sport
If guys keep getting contracts like this how are teams like the Reds going to be able to keep Bruce, Votto, and Volquez past their arb years? Think about Tampa Bay in 3 or 4 years, they will have to firesale and start all over. Yes teams like Tampa Bay can have one or two really good years a decade, but then they have to disband the team and start over because they can’t afford the salaries.
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by MixFMKyle on Dec 23, 2008 3:53 PM EST up reply actions 0 recs
But this has been going on for a while
Younger players keep agreeing to extensions sacrificing some of their FA years even though there have been a bunch of 9 figure deals over the past several years. Teams just have to be smart about which guys they lock up.
by ken on Dec 23, 2008 4:05 PM EST up reply actions 0 recs
agreed
Tex and CC were strange in that they were the only impact FAs still in their 20s (also Dunn). Since limited revenue sharing was implemented teams have been able to buy out a year of two of free agency. That gives you a player for 8 years and the Yankees have to bid on his decline phase.
by Red Menace on Dec 23, 2008 4:40 PM EST up reply actions 0 recs
The Yanks can blow me.
The best argument against democracy is a five-minute conversation with the average voter.
Sir Winston Churchill
by Madville on Dec 23, 2008 6:07 PM EST up reply actions 0 recs
yeah
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by MixFMKyle on Dec 23, 2008 3:50 PM EST up reply actions 0 recs
They don't have holes like the Yankees
They only needed to fill RF and DH going into this winter and they already got Matt Joyce for RF. If they can get someone like Abreu to DH they’re set. Joe Dave Price moves up to fill Edwin Jackson’s rotation spot.
by ken on Dec 23, 2008 3:53 PM EST up reply actions 0 recs
They could also use improvement
at Short, and the bench could use upgrading. Don’t forget the pen is losing a couple of arms as well.
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by MixFMKyle on Dec 23, 2008 3:55 PM EST up reply actions 0 recs
well
the Yankees still need help on defense. And when AJ Burnett gets hurt, they’ll need another starter.
It all balances out.
We’’re in process of trying to a guy with a trade record of working with pitches
by Slyde on Dec 23, 2008 3:58 PM EST up reply actions 0 recs
It does wonders for their
WAR though, doesn’t it?
"I'm standing at the plate thinking, Where are my hands? Where's this, where's that? Before I know it, the pitch is there and I'm completely out of rhythm." -
-- Adam Dunn
by Joe Nolan's Glasses on Dec 23, 2008 4:01 PM EST up reply actions 0 recs
True
But I think you could probably say that any team could use bench or bullpen improvement. A good GM can pick up a few useful spare parts without too much trouble.
I’m not sure what you mean by improvement at Short. Don’t you know that Bartlett was the team MVP?!
by ken on Dec 23, 2008 4:00 PM EST up reply actions 0 recs
Let's see...
sabbathia, jeter, damon, rivera, posada, burnett, and maybe tex…
the yankees are on the verge of having some really big and really bad contracts.
Think of me what you will...I gotta little space to fill
by chandrathan on Dec 23, 2008 4:00 PM EST reply actions 0 recs
Not really.
Damon’s entering his last year. Rivera and Jeter have 2 years left, Posada 3. And Burnett’s contract was bad the day he signed it.
Often wrong, never uncertain.
by sidnancy on Dec 23, 2008 5:09 PM EST up reply actions 0 recs
you're right, and i was wrong
the yankees already have some really big and really bad contracts
Think of me what you will...I gotta little space to fill
by chandrathan on Dec 23, 2008 5:13 PM EST up reply actions 0 recs
Get used to it.
Often wrong, never uncertain.
by sidnancy on Dec 23, 2008 5:20 PM EST up reply actions 0 recs
Jeter's next contract will be hilarious
by Red Menace on Dec 23, 2008 5:27 PM EST up reply actions 0 recs
HOW CAN WE QUANTIFY THE INTANGIBLE?
Seriously, how? Giving Derek Jeter a contract is like trying to find the circumference of a square.
by teb7 on Dec 23, 2008 10:33 PM EST up reply actions 1 recs
Swisher hasn't even played an inning for them yet
I would think they’d be trying harder to move Nady than Swisher, right? Either way, I wouldn’t mind have either one of those guys in the Reds outfield next season. Get on it, Jockerty.
"My wife ain't never ran and got me no pheasant." - Fistbands
by BK on Dec 23, 2008 4:01 PM EST reply actions 0 recs
Yeah me too.
Certainly the Yanks can’t be asking a whole lot. They have 2 or 3 homer like prospects they aren’t even going to plan on having in MLB next year. I say Roenicke gets the job done.
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by MixFMKyle on Dec 23, 2008 4:03 PM EST up reply actions 0 recs
swisher would be pretty awesome
very little downside and a ton of upside. Thanks to Fangraphs I can now calculate WAR with the best of the baseball geeks.
Swisher is projected 09 by James/Marcel at +5 offense/ defense ave the 3 years around +2/ do the position adj/rep value and Swisher is about 2 WAR.
But the great potential about Swisher is the 06 and 07 he averaged about plus 20 runs hitting in Oakland. And his core stats last year line drive rate, walk and strike out rate were not much different than his career norms. In short, Swisher was very unlucky last year and moving into a better league and better park to hit in- I would not be surprised to have Swisher return to being plus 20 runs which would make him 3.5 WAR player. Signed for 21.05 next 3 years- Swish could be a huge value. If Votto keeps putting up numbers and Alonso turns into a monster- the Reds will have a very valuable trade piece for 2010. Plus potentially put the team in much better position for 09 with an outfield of Swisher, Dickerson, Bruce.
by davidmac84 on Dec 23, 2008 5:02 PM EST up reply actions 0 recs
Leatherpants
is also excited because he just signed Corey Patterson to a minor-league deal (according to Denver Post).
You went full retard. No one ever comes back from that. - Sgt. Osiris
by cesarhernandez on Dec 23, 2008 4:26 PM EST reply actions 0 recs
wait...really?
If there was one team you wouldn’t want a minor league deal with, wouldn’t it be the one with 9 outfielders on the 40-man?
...because there's already someone posing as Jacob Brumfield
by Cy Schourek on Dec 23, 2008 5:10 PM EST up reply actions 0 recs
at least they are paying him 800K
instead of THREE FREAKING MILLION!
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by xjjeep90 on Dec 23, 2008 5:25 PM EST up reply actions 0 recs
incredible
just incredible. and they STILL arent the runaway favorite to win the AL East. i love Yankee baseball.
by Charlie Scrabbles on Dec 23, 2008 4:37 PM EST reply actions 0 recs
because the Rays and Red Sox are still just as good
if not right behind them. are you willing to say a Yankee pennant is a foregone conclusion? im not.
by Charlie Scrabbles on Dec 24, 2008 11:41 AM EST up reply actions 0 recs
Schadenfreude Central
I mean seriously, I think at this point I am only a baseball fan because there is a possibility that this Yankee team won’t make the playoffs.
by teb7 on Dec 23, 2008 4:38 PM EST reply actions 0 recs
Tales from the spreadsheet
The Yankees have now $864M in guaranteed contracts. To 12 players. Those 12 players, half of their ML roster, will make over $184M next year. Nine (!) will make over $13M next year. And they’re still trying to resign Petitte.
They’ve committed to over $500M past 2010.
They have over $700M committed to 5 players, one of whom (Jeter) is only signed for 2 more years.
Oh, and if ARod plays like ARod for the rest of his contract, add $30M to all of these numbers for “marketing bonuses” for hitting HRs number 660, 714, 755, 762 (tying the record), and 763. Yep, $6M for 1 HR.
Often wrong, never uncertain.
by sidnancy on Dec 23, 2008 5:18 PM EST reply actions 0 recs
I think this signing
May mean no Pettitte.
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by BubbaFan on Dec 23, 2008 5:37 PM EST up reply actions 0 recs
At this point
I don’t think any signing is going to prevent the Yankees from spending more money.
"My wife ain't never ran and got me no pheasant." - Fistbands
by BK on Dec 23, 2008 5:42 PM EST up reply actions 0 recs
I don't think they'd have any problem
with one year at $10 mil. It’s up to Pettitte.
by ctnyc on Dec 23, 2008 6:06 PM EST up reply actions 0 recs
the Yanks have to trade one of Matsui, Damon, Nady, and Swisher
link (from MLBTR. Matsui and Damon are yucky, but Nady or Swisher would be nice. of course i like Swisher much more. he’s signed to a great contract, he can play all over the outfield (even if CF is a stretch for him) and at 1B and he’s a switch hitter. but Nady is probably more likely for the Reds, as he’s in his walk year, he’s right handed, and he’d probably come cheaper. i commend Jocketty for his patience. let’s hope it pays off.
by Charlie Scrabbles on Dec 23, 2008 5:25 PM EST reply actions 0 recs
I don't think they HAVE to
As the article notes, one reason they spent so much money is that they’re losing Damon and Matsui after this year, and didn’t see anyone in next year’s free agent class to replace them. They could just keep all the corner outfielders (which would make Swisher a bench player for this year).
The Yankees are kind of hurting for a center fielder, and while Damon probably can’t play CF every day, they’ll probably have to use him there at least part of the time. I’m sure they’d consider moving Matsui, but he has a no-trade, and he brings millions of dollars in Japanese TV revenue.
Someone will have to be booted off the 40-man to make room for Teixeira, but there are several minor leaguers that could be dropped without being missed very much.
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by BubbaFan on Dec 24, 2008 5:30 PM EST up reply actions 0 recs
The Yankees have long been the spending leader,
yet, haven’t won a World Series since 2000. Granted, they’ve been to a couple and of the seven teams to win since, only Florida is considered a club with a relatively small payroll. Still, I enjoy the thought of the Yankees spending themselves into bankruptcy only to finish second at best.
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by Thundering Turtle on Dec 23, 2008 5:32 PM EST reply actions 0 recs
yeah at this rate
The Yanks will need a bailout by 2011.
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by MixFMKyle on Dec 23, 2008 5:40 PM EST up reply actions 2 recs
Unfortunately, they'd probably get it.
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by Thundering Turtle on Dec 23, 2008 6:08 PM EST up reply actions 0 recs
Arod and Tex for 8 years
time will tell how much we pity the fools
by SadbutTrue on Dec 24, 2008 11:37 AM EST up reply actions 0 recs
What they've missed
We all talk about the Yankees trying to buy a championship, and that the Reds would be better off growing the team from within. What’s often missed, though, is this: It’s just smarter and easier to build a winner than to buy one.
When the Yankees were winning championships, it was with mostly homegrown talent. Those players are not only cheap, they’re usually in the best part of their career. Remember that a team “owns” the first 6 ML years of a player; if a guy debuts at 24, he isn’t a free agent until he’s entering his age-30 year. By that time most players have peaked.
Instead, what the Yankees are doing is buying the decline phases of most of these guys. Sure, Tiex and ARod probably have a couple of great years left, but will ARod still be a $20M player in 4 or 5 years? Will Tiex or Sabathia or Burnett? Not all of them will; I’d guess no more than 2 will.
Here’s the numbers to shed some light on what I’m saying: From ‘96-’01, the Yankees always had the highest payroll (except for ‘’98 when Baltimore outspent them), but it wasn’t obscene; they were never more than 8% over the next highest payroll, and never fewer than 9 teams spent 2/3 of what they did. Last year, the Mets had the 2nd highest payroll but spent less than 66% of what the Yankees did.
My point? Let them spend their money. Yea, it kind of sucks, but I don’t think they’ll be successful until they go back to building from within. Something the Reds are in the middle of doing (and hopefully they’ll be successful at it).
Often wrong, never uncertain.
by sidnancy on Dec 23, 2008 5:55 PM EST reply actions 0 recs
I agree on the whole, but
I don’t buy the myth that the Yankees won their championships with mostly homegrown talent.
by Red Menace on Dec 23, 2008 6:02 PM EST up reply actions 0 recs
agreed
They had a mix.
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by BubbaFan on Dec 23, 2008 6:11 PM EST up reply actions 0 recs
Yankees are good for the Reds
it keeps the top FA from the National League.
As far as the Yankees they can come close to buying a slot in the playoffs. But you cant buy a World Series Championship. In a short series- the difference between the 1st to 8th best team in baseball is too small for winning a series to be anything more than chance.
by davidmac84 on Dec 23, 2008 6:14 PM EST up reply actions 0 recs
that's the theory
But it seems the Yankees got awfully lucky in ’98, ’99, and ’00.
I’m thinking maybe revenue-sharing has leveled the playing field a bit.
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by BubbaFan on Dec 23, 2008 6:34 PM EST up reply actions 0 recs
I agree
However, in the late ‘90s when the Yankees were winning World Series, their “core” of homegrown players (basically Jeter, Posada, Pettitte, and Rivera) were supplemented by smart role players (Brosius, O’Neill, Hayes, Key, Wetteland, etc.) from other organizations. They had defined roles and good chemistry. Since 2000, it’s been all about signing the biggest names almost regardless of need (see Giambi, Jason).
by ctnyc on Dec 23, 2008 6:13 PM EST up reply actions 0 recs
Yeah, I agree with that, too
In particular, they seemed to go for DH-types.
The 1998 Yankees, considered by many to be the best team of the dynasty years, didn’t have a single player who hit 30 home runs.
But in the new millennium, they started going after the likes of Giambi, Matsui, Sheffield…guys with big bats but not much else.
And I suspect the high salaries have hurt the team. The Yankees bench is notoriously gawd-awful, and I think it’s because when you spend that much on the starting lineup, there’s not much left for the bench. So when someone is injured – as invariably happens in the long season – they end up starting Chad Moeller or Nick Green.
All Things Bubba: Because how can you not love a baseball player named Bubba?
by BubbaFan on Dec 23, 2008 6:26 PM EST up reply actions 0 recs
After looking
It’s a myth, but the truth isn’t that different (by the way, Bernie Williams was also on those teams).
The truth is that the FA hitter with the most AB for the ’98 Yankees was Rock Raines. Every regular was either a draftee or acquired via trade. More importantly, while right now the top 4 salaries next year will be paid by the Yankees, only 2 of the top 25 were in ’99 (what did Charley Finley say about the price of mediocrity? Alex Fernandez made more in ’98 than any Yankee not names Bernie Williams).
Often wrong, never uncertain.
by sidnancy on Dec 24, 2008 9:13 AM EST up reply actions 0 recs
See, that edit button...
only 2 of the top 25 were in ’99 ‘98 (which you knew because that’s what we were talking about).
Often wrong, never uncertain.
by sidnancy on Dec 24, 2008 9:15 AM EST up reply actions 0 recs
Let's start a movement!!
We want an edit comment button!!
I’ll set up an online petition, those always work!
"Aio, quantitas magna frumentorum est."
by jch24 on Dec 24, 2008 10:25 PM EST up reply actions 0 recs
I don't really care.
Salary cap smalary scrap. These deals will bite the Yankees in the ass for years to come.
by Brian B on Dec 23, 2008 6:58 PM EST reply actions 0 recs
Maybe, but not likely Bubba
There’s SO MUCH $$$$$$$$$$$$$$$$$$$$$$$ in New York
The best argument against democracy is a five-minute conversation with the average voter.
Sir Winston Churchill
by Madville on Dec 23, 2008 11:05 PM EST up reply actions 0 recs
At least there used to be.
With New York being the epicenter of the financial crisis, this will have to effect the Yanks eventually.
by Dave from Louisville on Dec 24, 2008 1:38 PM EST up reply actions 0 recs
As if the Yankees didn't have enough cash,
they also signed catcher Kevin Cash today. I hear his throws are right on the money, but his bat isn’t worth a dime.
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by Thundering Turtle on Dec 23, 2008 10:38 PM EST reply actions 0 recs
FWIW
Yankees beat writer Peter Abraham thinks Swisher is most likely to be traded. He says the Yanks gave up a top prospect to get Nady, so parting with him would be difficult. They didn’t give up much to get Swisher.
Though he also thinks the Yanks could keep Swisher as a bench player, though that would likely mean Pettitte is out of luck. The Yankees payroll is still $20 million less than last year, and they want to keep it that way. Or so they say…
All Things Bubba: Because how can you not love a baseball player named Bubba?
by BubbaFan on Dec 24, 2008 1:34 AM EST reply actions 0 recs
STUPID YANKS...
People Don't Kill People. Burning Couches Kill People.
by crolfer on Dec 24, 2008 1:41 PM EST reply actions 0 recs
MLB Trade Rumors
is reporting that the Nats offered Teixeira more money than the Yankees did, and were willing to go even higher. Apparently, Tex just wasn’t interested.
All Things Bubba: Because how can you not love a baseball player named Bubba?
by BubbaFan on Dec 25, 2008 4:44 PM EST reply actions 0 recs
So much for wanting to play near home
The Nationals ballpark is about 35 miles away from Severna Park, his home outside of Baltimore. Still, this leaves them free to pursue Adam Dunn, who is a better fit and much, much cheaper. I wonder if they’ll try and fit him at first base though, since there’s a bit of a (ahem) logjam in the outfield.
by Brendanukkah on Dec 25, 2008 6:29 PM EST up reply actions 0 recs
I saw that
According to the Baltimore Sun:
Slugger Adam Dunn, who has hit 40 or more home runs for five straight seasons, is also a free-agent option, though his price would probably have to come down significantly for the Orioles to get involved in the bidding.
Wonder what that means. Dunn isn’t really asking for $100-120 million, is he?
All Things Bubba: Because how can you not love a baseball player named Bubba?
by BubbaFan on Dec 25, 2008 7:09 PM EST up reply actions 0 recs
I don't think there's any way Dunner gets more than $15 million per
And I’d think he’d get about a four year deal. Maybe $70 million, max.
by Brendanukkah on Dec 26, 2008 1:42 AM EST up reply actions 0 recs
I could probably figure out a way to live on that
though I might have to cut out the cable TV subscription for the 12th bedroom at the lake house…
by bbjones on Dec 26, 2008 7:12 PM EST up reply actions 0 recs

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