Yankees Aim To Give The Captain One More Ring (D4A)

Key Acquisitions: Masahiro Tanaka, Carlos Beltran, Brian McCann

Key Losses: Robinson Cano, Curtis Granderson

The 2013 New York Yankees season was rife with poor performance, injuries, moves made in desperation, steroid allegations, and a roster of maybes, has-beens, and never-weres. Owner Hal Steinbrenner wanted general manager Brian Cashman to get payroll under control so that the team would fit under the 2014 luxury tax threshold of $189MM. With injuries and payroll cuts, sub-par players like catcher Chris Stewart and journeyman infielders like Reid Brignac and Luis Cruz littered the 25-man roster last season.

Manager Joe Girardi did his best to push all the right buttons, but many days he simply ran out of buttons to push. The team managed to rack up 85 wins and finished in third place the AL East, but their record fell well short of a playoff appearance. It was just the second time since 1995 that the Yankees missed the post-season.

With Derek Jeter's announcement that this will be his final season, the moves made by the Yankees this off-season could give him one final chance to add to his championship ring collection (He has five).  More importantly, Jeter needs to remain healthy after ankle and quad injuries limited him to 17 games in 2013.

The Yankees upgraded at catcher when they signed veteran Brian McCann to a five-year deal worth $85MM. The former Atlanta Brave hit 20 or more home runs during the last six seasons and should enjoy swinging at the short porch in right field this year.

Outfielder Jacoby Ellsbury, a member of the Boston Red Sox 2013 World Series championship, was persuaded to put on the pinstripes with a seven- year deal in excess of $152MM. (The deal could earn Ellsbury close to $169 if the Yankees exercise an 8th-year option.) There's no question that the Yankees overpaid for a player who has missed more games than he has played in two of the last four seasons and suffered a calf injury during the current Spring Training season. But, if healthy, he can steal 50 bases and hit 10-15 home runs.

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Yankees to Blow Away 189 Limit if Tanaka Comes Stateside

Hal Steinbrenner told the media Thursday that the $189MM target for the 2014 total payroll and extras was always a "goal, not a mandate." While the Yankees' employees may have gotten that impression, I don't know of too many (or any) fans who thought that was the case. Especially with the bargain basement moves Brian Cashman made last season.

With the possibility of the Rakuten Golden Eagles (Nippon Professional Baseball) posting star pitcher Masahiro Tanaka in the not so distant future, the Yankees will certainly do everything they can to land him. Which means they will blow the doors off the  $189MM limit.

Former MLB pitcher C.J. Nitkowski reported Friday on MLB.com that Rakuten owner Hiroshi Mikitani was furious at the NPB's 11 other owners for accepting MLB's proposal of a $20MM maximum posting fee. (There are rumors that the league may supplement the fee to make it more acceptable for a player of Tanaka's magnitude, but it is just a rumor for now). Mikitani and club president Yozo Tachabani (prefers Tanaka to stay in Japan) doesn't have much time to finalize their decision either way since spring training in Japan begins February 1.

The old posting system was accomplished via secret bids with the winner given an opportunity to negotiate a Major League contract with the player in question.  The new $20MM cap will allow more than one team to negotiate if multiple teams bid the same amount. That will certainly be the case with Tanaka, who was 24-0 this past season.

Teams that bid the the top amount will have 30 days to work out a Major League contract with the player. Besides the Yankees, the Red Sox and Cubs are also reportedly set to aggressively go after  the 25-year old right-hander.

Part of MLB's internal negotiations were about whether the new lesser fee would count towards the luxury tax. (The old posting system fee did not.) The new fee will reportedly not count towards the luxury tax either, but I have not read or heard a definitive outcome of  that part of the discussion.

Either way, the Yankees can forget the magic 189...whether it be a goal or a mandate. We know who's on first, but what's on second?