Monday, October 13, 2008

The Payroll

MLB Trade Rumors put out the Yankees edition of their "Offseason Outlook" series of posts. Basically, the Yankees should have about 145 million dollars tied up going into the offseason counting arbitration raises, for whatever reason they assumed Marte's option would be picked up. They`re aiming to lower payroll to about 180-185 million dollars. They need to sign/re-sign at least two, ideally three, starting pitchers, they need a first base man, and they need a centerfielder. If possible I`d also like to shore up that bench.

In my previous plan I suggested making these signings, trades, and re-signings without really thinking about payroll:

Re-sign Mike Mussina (7 million)
Re-sign Andy Pettitte (7 million)
Sign Adam Dunn (16 million)
Sign Casey Blake (9 million)
Sign either C.C. Sabathia, or Derek Lowe (22 million or 15 million)
Trade Kennedy, Aceves, Wright, and Melky for David DeJesus (2 million)

These estimated salaries would add up to 56-63 million dollars in added payroll. This brings things all the way up to about 201-208 million million dollars for a 2008 payroll. Although I`m not sure that the 180-185 million dollar cap will be that strictly enforced, I doubt they`ll be all the way up to 210 million dollars.

So how do we cut down on payroll? Firstly, I don't think both Mussina will be back. That brings things down to 194-201 million dollars which is a slight improvement. If Mussina does come back then it probably makes it easier to negotiate with Pettitte if he is willing to come back as well. Trading Damaso Marte could also bring payroll down 7 million dollars. He might bring back some solid prospects. That brings things down to 187-194 million dollars. If they didn't sign Casey Blake it would also bring things down to 178-185 million dollars, right in the range. I don't see them hitting that 180-185 million dollar range.

If I`m the Yankees I just try and bring the payroll down to that 187-193 million dollar range. They should be able to continue bringing down payroll as more bad contracts come off and cheap prospects move into their spots. They shouldn't try and do to much in one year and hurt their chances for the playoffs.


Jack C said...

No way Pettitte and Mussina come that cheap. I think Pettitte will get close to his accustomed 16 mil if he wants it. Maybe they knock it down to 12-14 after a bad year.

Why would a 20 game winner pitch for a salary so low? Below average pitchers get 10 mil. I think if Mussina could demand $11 mil after 2006, he can at least demand that now. I don't think he cares that much about the money, but he's not going to come at a bargain.

Mike NYY said...

Moose said he wants a 3 year deal and he`s exteemely limited in the teams he would pitch for. I think 3 years, 21 million could get it done.

Pettitte won't be getting 16 million. Maybe around 12 at most. He already said he`ll go to no team but the Yankees and he had a "bad" year

I agree, I may been a little low on both of their salaries but its not really THAT far off