Hal Steinbrenner said today that the Yankees plan to decrease their payroll to below the $189 million luxury tax figure by 2014, which is when the new collective bargaining agreement threshold kicks in.
Steinbrenner called it “streamlining” the payroll, which is currently at around $210 million.
Wallace Matthews of ESPN New York notes that Alex Rodriguez, Derek Jeter, CC Sabathia, and Mark Teixeira are already under contract for $75 million in 2014, which would leave about $110 million for Robinson Cano, Curtis Granderson, and 19 other players.
Obviously a $189 million payroll is still massive, even looking ahead to 2014, but the Yankees’ payroll hasn’t been below $200 million since 2007, when it was $190 million. Since then their annual payrolls have been $209 million, $201 million, $206 million, $203 million, and now $210 million.
Toss in the usual inflation of player salaries and $189 million in 2014 would represent a pretty significant change.
Welp, it was probably worth the gamble given that the Angels were paying most of his salary. But the Rangers’ gamble on Josh Hamilton failed and now Josh Hamilton is a free agent. The club has given him unconditional release waivers.
Hamilton underwent surgery to repair lateral and meniscus cartilage in his left knee back in June. During surgery it was discovered that he had an ACL injury as well, which required reconstruction. This whole season was lost and, while Hamilton has one year remaining on his contract, the Rangers are clearly able to compete without him and could use the roster spot over the small chance that he could be an everyday player again.
Hamilton will earn $30 million next season, $26.41 million of which is being paid for by the Angels. Last year in 182 plate appearances with the Rangers, Hamilton hit .253/.291/.441 with eight home runs and 25 RBI. At age 35, it’s not hard to imagine that his major league career is effectively over.
With the continuing caveat that it is really weird and likely as uncomfortable as hell for all of those involved for this to be playing out so publicly, here is the latest news on the Doc Gooden/Daryl Strawberry/possible cocaine relapse story. From the Daily News:
Dwight (Doc) Gooden is insisting publicly that he doesn’t have a drug problem, yet more and more people want to help him — none more significant than the Yankees, who have reached out to say they’ll pay for any treatment he would consider getting.
That’s admirable of the Yankees, as is their refusal to comment on it further (the Daily News got this info from Strawberry). The Yankees, of course, gave both Strawberry and Gooden second chances in the 1990s when their addiction problems threatened their careers.