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Patient Yankees Last in Offseason Expense List, Soon to Pay Off with $300 Million Fireworks

Published 12/17/2023, 10:21 PM EST

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‘Sometimes you have to spend big to win big’, they say. But the New York Yankees have taken it slow this off-season. On one hand, they made a majestic move by acquiring Juan Soto. But on the other, they stand in a strange position in this winter’s spending. Could it be that they are on the verge of making a $300 million dollar blitz? 

If this off-season were to be weighed on a scale, the outcome is immensely lopsided. The Los Angeles Dodgers have spent the heaviest. Thanks to Shohei Ohtani’s value and the Brew Crew’s hunger, they lead the scale on one end. On the polar end are the Yankees; is their extreme patience worth it? 

The New York Yankees’ Minimalistic Approach to Lead the Yamamoto Chase

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@JeffPassan shared the list of “Free agent spending this winter, by team” on Sunday. Of course, leading the pack is the Dodgers, followed by Philadelphia Phillies, $172 million, Arizona Diamondbacks, $122 million and the San Francisco Giants, $113 million. On the far end of the list are the Colorado Rockies, Minnesota Twins, and Yankees with $0 spent. Does this mean their winter is over? 

Apart from placing the teams in the ascending order of their amounts spent, Passan gave some insights into the overall contract projections that are yet to come. He mentioned, according to @kileymcd’s contract projections, there are approximately $2 billion worth of deals yet to be made. The absence of spending by a team so far doesn’t necessarily indicate a failed off-season; for instance, the Yankees traded for Juan Soto.

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Speaking of NYY, they continue to be one of the forerunners in the Yoshinobu Yamamoto chase. Despite the stiff competition from the New York Mets, Boston Red Sox and the Giants, the Big Apple still has a chance. After all, they are proceeding with “a sense of ‘cautious optimism’” about the $300M deal. 

Decoding the Yankees’ Strategic Moves as Yoshinobu Yamamoto’s Mega Deal Reaches the Horizon

They like their chances“, said a source close to the franchise. Jon Heyman of the New York Post mentioned that at the moment, the competition hints that the Japanese star will likely be worth “upwards of $300 million when all is said and done“. There are speculations that Yoshi might make up his mind before the new year, hence, the “bidding process is set to intensify this week“. With that, his second meeting with New York makes sense, doesn’t it? 

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Well, the righty met Steven Cohen of the Mets, a second time, followed by another meeting with the Yankees. Though the ace has met other teams, including the Red Sox who made him their offer, the odds incline toward the Yanks in particular. Is it safe to say that the club is waiting to spend big on this generational talent? 

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Written by:

Kanishka Prakash

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"Our identity is forged through consistent actions. True excellence is not a singular act; rather, it is ingrained in our daily habits." Since I was a teen, I learned that the best way I could express myself was by writing.
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Edited by:

Deepanshi Bajaj