The New York Yankees out of money? That’s not exactly something you’ll hear very often, but it appears even the Bronx Bombers have a salary ceiling and they’ve apparently hit it.
Looking for an infield upgrade and insurance for Derek Jeter who’s all but likely to miss some time, the Yankees reportedly reached out to free agent Stephen Drew but still aren’t interested in meeting his salary demands.
And yet, the Yankees once again said they couldn’t make an offer to top free-agent shortstop Stephen Drew. The Yankees and Drew’s agent, Scott Boras, are said to have talked in the past couple days, but the main message for now apparently is that the Yankees are “tapped out,” meaning out of money.
While the Yankees have spent enough money to fund a third world country this offseason, I have a hard time believing they wouldn’t sign Drew if they were comfortable with his price tag.
If the rumors of Drew having a three-year offer worth nearly $40 million dollars on the table is true, there’s no way the Yankees should pony up similar cash.