The Yankees might as well have not even bid on Japanese pitcher Yu Darvish.
The Yankees bid was for less than $20 million, according to Andrew Marchand of ESPN New York. That didn’t even come anywhere close to the record setting bid of $51.7 million that the Rangers needed to land him.
It seemed like a natural fit as the Yankees could sign a young pitcher with elite potential without surrendering any prospects. They played down their interest all offseason, but after scouting him for at least the past two years it seemed as if they might be just trying to keep the bidding low.
This is all part of a plan to get payroll to under $189 million by 2014 when the new CBA raises the luxury tax from 40 to 50 percent. Even considering that the posting fee doesn’t count toward for luxury tax purposes, he will probably land a long-term deal, five or six years, worth as much as $15 million or more per season.
It’s disappointing to see them essentially sit this one out as well, but if they are serious about an $189 million payroll, that type of a risk just doesn’t fit within the plan.