Friday, December 4, 2009

Olney: Yanks Looking To Cut Payroll

At today's organizational meetings down in Tampa the Yankees set their budget for the upcoming season, and they're going to try to cut payroll. Here's more from Buster Olney:
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.

blog comments powered by Disqus