The New York Yankees have some payroll flexibility this offseason despite their desire to cut their payroll from $230 million to below $189 million.
That is the case because of all their free agents and retirees, including Mariano Rivera, Andy Pettitte, Hiroki Kuroda, Curtis Granderson, Phil Hughes, Joba Chamberlain and Robinson Cano.
Those players represent about $80 million in contracts.