The off-season for the New York Yankees is going to be interesting, with a slow-moving market and free agency capped by a financially stressful 2020 campaign. COVID-19 undoubtedly left its mark on the Yankees’ revenue, as they lost the most money of any team in the MLB.
I don’t expect them to make any significant moves during the off-season, but they did have a sizable chunk of salary open up with the departures of James Paxton, Masahiro Tanaka, and JA Happ. Approximately $52 million will be added to the books, which I imagine they will allocate toward retaining star infielder DJ LeMahieu and signing a number two pitcher to pair with Gerrit Cole.