The Yankees, who have about 375 players in their system, released 45 minor leaguers on Monday, according to sources.
Despite their $5 billion net worth, the Yankees join a growing list of teams, including the Marlins, Mets, Nationals and Rays, in releasing minor league players amidst the coronavirus shutdown.
As negotiations are still ongoing between MLB and MLBPA, there’s little hope for a 2020 minor league season. With this possibility looming, teams are looking to make even more significant payroll reductions in their minor league systems.
The cuts come from all levels within the system. Some of these cuts may have happened at the end of spring training regardless of the shutdown.