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Yankees lose six players to the Rule-5 draft, acquire one

The Yankees’ minor league systems is deep even beyond the flashy prospects, and as a result, they had six players they chose not to protect on the 40-man roster selected by other clubs in the Rule-5 draft. Only one of the six Yankees, RHP Nick Green, was selected in the Major League phase, while five players were selected in the Triple-A phase. The Yankees chose one player of their own in the Triple-A phase in RHP Adonis De la Cruz. A friendly reminder for those who are not familiar with the Rule-5 draft, the teams who select these players must keep them on their active roster of either the Major League or Triple-A team, depending on the phase of selection, or be offered back to their former club. Here is a breakdown of Cruz and who the Yankees lost:

Yankees come to terms with all arbitration-eligible players

Last week, the New York Yankees came to terms with all eight of their arbitration-eligible players, agreeing on one-year contracts with each and avoiding going to arbitration hearings, which are set to begin on January 29th.  
Photo Credit: Jim McIsaac/Getty Images

A quick refresher on the process:  Major League Baseball arbitration is a contractual process for players who have accrued three years of service time (but less than six)  as well as those deemed to be “Super Two” players.  Each team has an option to tender a contract to these players the following year and then the two sides have between the tender date and the start of the hearings to agree on a new contract for the following season, or a long-term extension.

For 2018, January 9th was the deadline for players and teams who had not yet already agreed to terms to submit their bids for contracts.  Both sides then have one final window - the three weeks between 01/09/18 and 01/29/18 to agree to terms.  Usually this figure is somewhere in the middle, with the team usually bidding lower than the player and his agent.  The Yankees tendered contracts to all eight of their arbitration-eligible players following the World Series and all eight of those players have now been locked up for the 2018 season.

The eight arbitration-eligible Yankees this year were as follows (sorted by MLB service time):

MLB Service Time
Arbitration Year
Warren, Adam
Gregorius, Didi
Betances, Dellin
Gray, Sonny
Romine, Austin
Hicks, Aaron
Kahnle, Tommy
Shreve, Chasen
 *Gregorius qualified for “Super Two” status in 2016 and has a fourth year of arbitration eligibility in 2019

Since all players were able to settle before arbitration, the Yankees were able to avoid another messy situation like they went through with Dellin Betances last year.  Ultimately, the Yankees won that case, but the effects of the dispute may carry on for years to come.
Photo Credit: New York Daily News

This year, the agreed upon contracts (all one-year deals) were as follows:
  • Didi Gregorius: $8.25 million
  • Sonny Gray: $6.5 million
  • Dellin Betances: $5.1 million
  • Adam Warren: $3.315 million
  • Aaron Hicks: $2.825 million
  • Tommy Kahnle: $1.3125 million
  • Austin Romine: $1.1 million
  • Chasen Shreve: $825,000

Ultimately, Betances was awarded the five million dollar figure he sought last year and Didi Gregorius was signed to a surprisingly low figure, as most fans and experts thought he might crack nine million dollars this season after his strong 2017 campaign.

The eight contracts handed out added a hair under $30 million to the teams payroll and leaves the Bombers with still roughly $40 million in space under Major League Baseball’s Competitive Balance Tax (Luxury Tax) threshold as they look to sure up their roster ahead of Opening Day.

Article by: Andrew Natalizio