Yankees Stand Out Among Teams With $0 Free Agent Spending
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Yankees among MLB Teams yet to make a splash in free agency

Amanda Paula by Amanda Paula
January 9, 2024
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As the MLB offseason unfolded, much anticipation surrounded the New York Yankees‘ potential moves. However, to the surprise of many, the Yankees have refrained from making significant acquisitions in the free agency market, with Juan Soto being the most notable addition thus far. Some fans attribute this lack of ambition to General Manager Brian Cashman.

Contrary to the Yankees, a select few teams, including the Colorado Rockies, Chicago Cubs, and Miami Marlins, have also abstained from spending a single penny on free agency signings.

Who’s making the biggest moves in free agency?

A billboard drawing on Juan Soto joining the Yankees and the Dodgers presenting big signing Yoshinobu Yamamoto and Shohei Ohtani.

Now, let’s explore which MLB clubs have been the big spenders in free agency this offseason. In a report by ESPN’s Jeff Passan, the early transactions of this offseason’s MLB free agency reveal the Los Angeles Dodgers leading the pack with an astounding $717 million spent. The Philadelphia Phillies trail behind in second place with $172 million, followed by the Arizona Diamondbacks in third with $122 million.

Free agent spending this winter, by team:

Dodgers: $717M
Phillies: $172M
Diamondbacks: $122M
Giants: $113M
Royals: $105M
Cardinals: $99M
Reds: $87M
Tigers: $42.75M
Braves: $30M
Rangers: $26.5M
Mets: $18M
White Sox: $16.75M
Orioles: $13M
Astros: $12M
Brewers: $10.25M
Angels:…

— Jeff Passan (@JeffPassan) December 17, 2023

Surprisingly, the New York Yankees find themselves among the teams that have not spent anything on free agents so far. Other teams in this category include the Toronto Blue Jays, Chicago Cubs, Seattle Mariners, Miami Marlins, San Diego Padres, Colorado Rockies, and the Minnesota Twins. The Boston Red Sox, Oakland Athletics, and Tampa Bay Rays have all spent less than $2 million each.

The Dodgers’ substantial expenses primarily stem from the monumental signing of two-way superstar Shohei Ohtani, who inked a ten-year, $700 million deal with the team on December 9th. It’s important to note that this figure doesn’t include the team’s acquisition of pitcher Tyler Glasnow, who later received a five-year, $135 million contract extension.

In a similar fashion, the Yankees made a notable move by acquiring outfielder Juan Soto in early December, a transaction not factored into this spending metric.

While several marquee players, such as Japanese pitchers Yoshinobu Yamamoto and Shota Imanaga, along with resurgent slugger Cody Bellinger, remain available, the Yankees, Red Sox, Blue Jays, and Cubs have yet to make significant financial commitments in free agency. Despite the potential for changes in the upcoming weeks, it appears likely that the Dodgers will maintain their top spot in spending throughout the offseason.

Moreover, the Dodgers are still in the running for Yamamoto, and if they secure his services, their total spending for the offseason could surpass the unprecedented milestone of $1 billion. As the hot stove continues to simmer, it remains to be seen how the Yankees will navigate the free agency market and if they will join the ranks of the big spenders or continue their frugal approach.

What do you think? Leave your comment below.

Tags: New York Yankees
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Amanda Paula

Amanda Paula

Amanda Paula is a sports writer with a passion for American football and a keen interest in the NY Yankees. Raised among Americans in Brazil, Mandy's unique cultural background has greatly influenced her career and provided her with a diverse perspective on the world of sports. Born and raised in Brazil, Amanda developed a deep appreciation for sports at a young age. Growing up in a community with a robust American presence, she was exposed to various sports, but baseball captivated her heart. Inspired by the passion and tactics of the game, Amanda dedicated herself to studying and understanding the intricacies of the sport. Amanda's love for American sports and soccer led her to pursue a career in sports journalism. She obtained a degree in journalism from a prestigious university, where she honed her skills in writing and reporting. Her studies gave her a solid foundation in journalism ethics, research methodologies, and effective storytelling techniques. After completing her education, Amanda embarked on her professional journey as a sports writer. Her unique background as a Brazilian immersed in American culture gave her a fresh perspective on American sports.

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Louis
Louis
2 years ago

get rid off cashman that’s why taking yankees money.

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