Yankees sign pitcher off Hank Steinbrenner’s youth team

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The New York Yankees have been crowing about how frugal they are lately. Seriously.

First, general manager Brian Cashman talked about how his team’s luxury tax tab was reduced to $18 million this season. “Atta baby. And right now we’re in the $170s,” he said, referring to a 2011 salary number that could actually fall beneath the luxury tax threshold. Not exactly a bunch of penny pinchers, you say? But wait, there’s more.

Also on Tuesday, the Bombers went out and signed a player off of Hank Steinbrenner’s youth team.

The New York Yankees have signed 19-year-old Leonel Vinas to a minor league contract. The right-hander from Long Island was the ace of Hank’s Yanks, a team sponsored by Steinbrenner, co-chairman of the Yankees.

Vinas, who moved to Long Island from the Dominican Republic at age 11, was 12-0 with a 1.12 ERA and 168 strikeouts in 84 innings for “Hank’s Yanks,” according to Bryan Hoch of MLB.com.

Pretty cool story, and Vinas called the chance to play in the Yankee organization a dream come true. He’ll report to Tampa in two weeks to begin his professional career, and will probably start in Rookie ball as a reliever.

Cashman, for his part, made it clear that the signing was not a gimmick move. “This is real,” he told Hoch. “He’s got talent. We’re looking forward to seeing where the talent takes him.”

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Report: Orioles to name Brandon Hyde new manager

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Update (8:23 PM ET): MASN’s Roch Kubatko talked to new GM Mike Elias, who said there has been no offer made to Hyde for the position. Elias called the report “premature.”

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The Orioles are expected to name Cubs bench coach Brandon Hyde as the new manager, Joel Sherman of the New York Post reports. Nothing is official yet.

Hyde, 45, spent four seasons in the minors with the White Sox from 1997-2000, then played in the independent Western League in 2001 before calling it quits. He was a coach with the Marlins from 2010-12 and has been with the Cubs since 2013.

Other candidates for the Orioles’ open managerial position have included Pedro Grifol, Chip Hale, Mike Redmond, Mike Bell, and Manny Acta.

Hyde is taking over for Buck Showalter, who was at the helm of the Orioles from 2010-18. Last season, however, the Orioles finished 47-115, the worst record in team history. Hyde will be taking over a team that is rebuilding, so the expectations will be relatively low in his first couple of seasons.