The numbers wouldn’t be quite so shocking — $180 million over eight years — had the Yankees not already written some big checks in recent weeks.
Mark Teixeira is reported to have signed the latest big-money deal with Hank and Hal Steinbrenner, bringing to about $425 the amount spent by the Bronx Bombers on three players this off season alone. And this doesn’t take into account the $300 million deal Alex Rodriguez signed a year ago, or the millions upon millions owed to Derek Jeter, Jorge Posada and Mariano Rivera.
As ESPN points out,
Teixeira’s salary gives the Yankees, who are preparing to move into their $1.3 billion new ballpark in April, the four highest-paid players in Major League Baseball, including third baseman Alex Rodriguez, shortstop Derek Jeter and Sabathia.
Teixeira’s agreement also comes just one day after the Yankees received a $26.9 million luxury tax bill for 2008, when their streak of 13 consecutive playoff appearances ended. But with the revenue from their new stadium, where tickets are priced at up to $2,500 per game, their appetite for free agents wasn’t diminished.
It’s truly mind boggling to think how much money the franchise has tied up in a handful of players, but then these are some pretty good players.
Consider that the infield boasts four all-stars — two of whom are essentially automatic first-ballot Hall-of-Famers. They also have the games all-time greatest closer.
At the same time, this is a team with three huge questions hanging over it:
- Starting pitching after CC Sabathia includes a pitcher coming off a major injury (Wang), a pitcher with a history of injuries and only pitching well in his walk year (Burnett) and a kid or two.
- The outfield is either old (Matsui and Damon), coming off a career year (Nady) or just not worth much (Swisher and Cabrera).
- Robinson Cano has shown a troubling tendency to coast.
So, we’ll see if this spending spree has the desired effect. It has been eight years since the Yankees won the World Series and five since they made it to the series. As things stand right now, I don’t know if they even can be considered the favorite to win the pennant.
But then, I’ve never been a fan of the pinstripers.