Yankees finished org. meetings -- they're cutting payroll. I'm not sure yet by how much, but during season, expectation was to $185 mill.Marc Carig had something similar:
But a team source said on Friday that the team will lower its spending from the approximately $206 million spent on payroll this season, a reduction that had been expected. However, the source declined to offer more details.Again, like Heyman's tweet about Halladay I pretty much figured this would be the case and I'm sure you did too. With around $40 million coming off the books it's definitely possibly for the Yanks to come into 2010 under the $200 million mark, but with the Yankees you never know.
As for the meetings, today was the final day and the Yankees should start getting to business shortly.
“We set a budget and now we will go about executing a game plan,’’ said Cashman, who will begin talking money with agents. “We have our priorities and we will start working.’’Also, the Yankees top priority remains re-signing Andy Pettitte.