Rumor: Yankees “in the loop” on Cole Hamels trade talks

When addressing the Yankees trade deadline needs over the weekend, GM Brian Cashman noted that the Yankees were waiting for Brett Garnder’s return and would probably be comfortable with Raul Ibanez and Andruw Jones out there if they didn’t get their speedster back at the end of this month as expect. However, when addressing the rest of the roster Cashman was vague and only explained that the market was too expensive right now for even marginal upgrades.

That leaves the door open, if only slightly ajar, to the idea that the Yankees could potentially pursue the right player if the price range drops into their comfort zone. Ken Davidoff of the NY Post reports that the Yankees will “absolutely be in the loop,” as far Cole Hamels of the Phillies is concerned.

The problem, as Davidoff states, is the new collective bargaining agreement which would keep the Yankees from being able to get draft pick compensation for Hamels if he should leave via free agency.

So while the Yankees would typically love to add a pitcher of Hamels’ caliber –  the cost of potentially adding a mere rental seems too steep. At the same time that CBA that restricts them from having a compensation pick as a fall back also restricts them to a payroll of just $189 million by 2014. That’s what keeps them from simply blowing other teams out of the water this offseason when he is a free agent.

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