George Steinbrenner AP

George Steinbrenner wouldn’t get the Yankees under $189 million? Really?

12 Comments

The Yankees are expected to get their payroll under $189 million for 2014. A decision borne of a desire to avoid the luxury tax, which could cost them some $100 million over the next two years.

Joel Sherman of the New York Post talks to Hal Steinbrenner about all of this. It’s a good interview, but I find the assumption Sherman has going into it — that Big George would never lower the payroll to avoid the luxury tax — to be something less than reasonable:

… no current issue brings out George-channeling psychics quite like the organizational plans to drop under the $189 million luxury tax threshold in 2014. No way The Boss would do that. He would do whatever was necessary to win a title — damn financial common sense.

I’m not so sure. George Steinbrenner was a lot of things, but a dumb businessman was not one of them. He turned a small investment — with a lot of other people’s money — into a franchise worth more than a billion dollars. During the years he was running the team actively he never had to face the severe luxury tax implications the Yankees face next year if they don’t get under $189 million. I don’t think it’s at all reasonable to say that George would act differently.

But we live in a world where everything is seen through George-colored glasses when it comes to the Yankees. So people will continue to say that, I suppose.

Report: Royals and Eric Hosmer have discussed a long-term contract extension

SAN DIEGO, CA - JULY 12:  Eric Hosmer #35 of the Kansas City Royals and the American League rounds the bases after hitting a home run against the National League in the 2nd inning of the 87th Annual MLB All-Star Game at PETCO Park on July 12, 2016 in San Diego, California.  (Photo by Denis Poroy/Getty Images)
Denis Poroy/Getty Images
1 Comment

Ken Rosenthal of FOX Sports reports that the Royals and first baseman Eric Hosmer have discussed a long-term contract extension. However, Hosmer also indicated that he will head into free agency if a deal is not consummated by Opening Day.

Hosmer, 27, avoided arbitration with the Royals last month, agreeing to a $12.25 million salary for the 2017 season. He is one of four key Royals players who can become a free agent after the season along with Mike Moustakas, Alcides Escobar, and Lorenzo Cain. If Hosmer does reach free agency, he would arguably be the top free agent first baseman.

Hosmer finished the past season hitting .266/.328/.433 with 25 home runs and 104 RBI while making his first All-Star team.

Yankees sign Jon Niese to a minor league deal

PHOENIX, AZ - AUGUST 17:  Jonathon Niese #49 of the New York Mets delivers a pitch during the first inning against the Arizona Diamondbacks at Chase Field on August 17, 2016 in Phoenix, Arizona.  (Photo by Jennifer Stewart/Getty Images)
Jennifer Stewart/Getty Images
2 Comments

Joel Sherman of the New York Post reports that the Yankees have signed pitcher Jon Niese to a minor league contract, pending a physical. Assuming the deal is finalized, Sherman notes that the Yankees will have Niese work as both a starter and a reliever in big league camp this spring.

According to Sherman, the Yankees were interested in lefty relievers Jerry Blevins and Boone Logan, but didn’t want to commit at their asking prices. They are looking for a lefty set-up man along with Tommy Lane.

Niese, 30, pitched for the Pirates and Mets last season, finishing with a 5.50 ERA and an 88/47 K/BB ratio over 121 innings.