PostSportsPlus: How the Yankees’ worst contracts are weighing on their offseason
Here is an exercise I go through each year: I pretend baseball has an amnesty program — essentially a team could release any player and be free of his contract while receiving nothing in return. Who would go?
The Rockies are likely already regretting Kris Bryant’s seven-year, $182 million contract, which runs through 2028.Nevertheless, no one should be surprised if the total dollars spent between now and the end ofexceeds $1 billion as teams gather for the event for the first time since pre-COVID in 2019. Those meetings also were in San Diego. There was a combined $814 million spent in a three-successive-day frenzy on Scott Boras clients Stephen Strasburg , Gerrit Cole and Anthony Rendon .
1. Stanton has five years at $160 million left on his deal, but the Yankees owe $130 million of that with the Marlins obligated to the other $30 million. It is not an onerous amount for a big-market team, especially because Stanton has demonstrated an ability to hit in the postseason. At that point, there were 10 years at $295 million left on Stanton’s contract . In real time, the Yankees felt this was a bit of thievery — getting the reigning NL MVP coming off a 59-homer season for two lottery-pick prospects plus actually having the Marlins pay more than 10 percent of the remaining contract. But after Stanton had used his no-trade clause to reject trades to San Francisco and St.
I find it difficult to believe any team would give Stanton the five years at $130 million he has left on his deal with the Yankees if he were a free agent. If Stanton cannot play the field regularly, how much better is he than Luke Voit? One grade better? If I had to guess, Voit probably ends up with a one-year deal in the $6 million range. Is Stanton all that different from J.D.
2. LeMahieu has four years at $60 million left. He was coming off a fourth-place and a third-place MVP finish when Steinbrenner determined that the offseason following the 2020 season would be built around retaining him — as Steinbrenner has determinedInjuries have sidelined DJ LeMahieu in each of the past two seasons, and a foot injury has left Hal Steinbrenner unsure of what to expect from LeMahieu in 2023.
The injury-prone Hicks was coming off his best season when the Yankees extended him for seven years at $70 million. As with LeMahieu, the Yankees were fixated on lowering the average value of Hicks’ deal for luxury-tax purposes, and extended to seven years to make his annual value $10 million. If it were four years, the deal would have concluded after last season.
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