NEW YORK — The New York Yankees are breaking from their usual offseason script. The franchise known for chasing big names and spending freely is taking a different approach this winter. Two of baseball’s biggest stars are not expected to wear pinstripes next season.
According to MLB.com’s Bryan Hoch, the Yankees have decided against pursuing two of the top free agents on the market — both likely to command contracts north of $100 million. The move signals a major philosophical shift for an organization long associated with blockbuster signings. For once, rival teams that typically lose bidding wars to New York can breathe a little easier.
One position already has its answer
For years, third base has been one of the Yankees’ most unsettled positions. Alex Bregman, a three-time All-Star and proven postseason performer, appeared to be the perfect fit. But the Yankees have already made their decision — and it doesn’t involve chasing Bregman.
New York addressed its infield needs before the trade deadline when it acquired Ryan McMahon from the Colorado Rockies. The 30-year-old didn’t deliver eye-popping numbers at the plate, posting a .641 OPS in 54 games with a .208 batting average, four home runs, and 18 RBIs. Still, those statistics tell only part of his story.
“The Yankees are still built to win now, and they’d better be, because Judge’s title window won’t stay open forever,” Hoch wrote Thursday. “It seems a safe bet that (the Yankees will) go into the season with Ryan McMahon at third base.”
McMahon immediately stabilized the infield with defense that far exceeded what the Yankees had earlier in the year. He also came through in key postseason moments, adding value that doesn’t always show in the box score.
Financially, the move makes sense. McMahon is already under contract for $32 million through 2027, and that commitment leaves little room to pursue another expensive third baseman.
“McMahon’s defense was a vast improvement over what they had at the hot corner previously, and even though his bat didn’t play up to expectations (.641 OPS in 54 games), he delivered a few clutch moments,” Hoch wrote. “McMahon is earning $32 million through 2027, which likely precludes a serious run at a free agent like Alex Bregman.”
Bregman, 31, enters free agency with two World Series titles and a reputation for winning. He has never missed the postseason during his career and is expected to attract offers in the range of $120 million. While he might draw interest from several contenders, the Yankees will not be among them. The Boston Red Sox — who currently have Bregman under contract — won’t have to worry about seeing him move to the Bronx.
Power hitter won’t cross town
The second name on the Yankees’ no-pursuit list might surprise fans even more. Pete Alonso, the New York Mets’ powerhouse first baseman, will not be swapping boroughs.
Since debuting in 2019, Alonso has been one of the game’s premier sluggers. He has hit at least 34 home runs in every full season and set the MLB rookie record with 53. The five-time All-Star remains one of the sport’s most consistent run producers.
Despite those credentials, the Yankees have no plans to pursue him. They already believe they have their long-term solution at first base.
Ben Rice emerged as a breakout star in his second major league season. The 26-year-old hit .255 with 26 home runs, 65 RBIs, and an OPS just shy of .500 slugging. His development gives the Yankees confidence to pass on expensive alternatives.
Rice also brings roster flexibility. He has experience behind the plate, but first base has become his primary role. With Austin Wells locked in as the Yankees’ starting catcher through 2028, Rice’s future at first looks secure.
The financial difference is another factor. Rice remains in pre-arbitration, earning a fraction of Alonso’s potential salary. That cost control matters for a team that still has to address several other holes.
“The Yankees’ biggest holes are in the outfield and bullpen, though the rotation is uncertain with Carlos Rodón, Gerrit Cole and Clarke Schmidt all set to begin the year on the injured list,” Hoch reported earlier this week. “So is shortstop, with Anthony Volpe set to miss the beginning of the year as he recovers from left shoulder surgery.”
Those roster concerns make a big free-agent investment at first base unlikely. While Alonso could transform any lineup, the Yankees’ priorities lie elsewhere.
“A serious run at Pete Alonso seems unlikely with Ben Rice seemingly in line to take over as the full-time first baseman, but Edwin Díaz makes sense if the Yankees wanted to check in Queens,” Hoch wrote.
If the Yankees do decide to add depth at first base, they’re expected to target short-term, cost-efficient veterans rather than chase Alonso’s nine-figure price tag.
Where the Yankees are actually looking
While New York is stepping away from two of the biggest free agents on the market, it hasn’t abandoned its offseason ambitions. The Yankees are instead exploring international options to bolster their infield.
According to Hoch, the team has expressed interest in two Japanese stars — Munetaka Murakami and Kazuma Okamoto. Both corner infielders could provide power and defensive depth at a lower cost than comparable American free agents.
“They’ll also look overseas: The Yankees have been connected to two Japanese stars — corner infielders Munetaka Murakami and Kazuma Okamoto,” Hoch wrote.
This strategy reflects a new level of restraint and long-term planning. Instead of chasing headlines with massive contracts, the Yankees are focusing on roster depth, positional balance, and financial flexibility.
The decision also underscores the urgency surrounding Aaron Judge’s prime years. The Yankees’ front office knows the championship window centered around their captain won’t stay open forever. Building a balanced roster with reliable depth could matter more than landing one or two marquee stars.
For now, Boston can rest easy knowing Bregman won’t be in pinstripes. Across town, the Mets can relax knowing Alonso won’t be joining their crosstown rivals. But in the bigger picture, the Yankees’ redefined offseason plan may prove just as consequential.
For fans used to seeing New York dominate the free-agent market, this winter feels different. The Yankees are betting that their patience and commitment to internal growth — not just big spending — will lead them back to championship contention.
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