Bronx Spenders FanGraphs Baseball
With Jason Giambi, Andy Pettitte, Mike Mussina, Carl Pavano, Bobby Abreu, and Ivan Rodriguez all having their contracts expire, the Yankees lost about $86 million in committed salaries from the end of the ‘08 season. $86 million.
Some of that will get redistributed to players already on the roster, such as raises for Alex Rodriguez, Xavier Nady, Robinson Cano, and Chien-Ming Wang. However, even if the Yankees just maintain a $205 million payroll (a $5 million decrease from 2008), they’ll still have about $65 million to spend even after taking care of the guys already under contract.