With the Yankees in need of infield help, both Alex Bregman and Nolan Arenado have been linked to the club this offseason, with the idea being that one would become New York’s new third baseman and Jazz Chisholm Jr. would become the full-time second baseman. However, during an edition of the YES Network’s “Yankees Hot Stove” show earlier this week, Jack Curry said that the Bronx Bombers weren’t in on either Bregman or Arenado, and pushed back on the idea that the Yankees ever had interest in trading for Arenado.
This runs counter to last week’s report (from MLB.com’s Mark Feinsand, John Denton, and Bryan Hoch) that the Yankees offered Marcus Stroman to the Cardinals as part of a trade package for Arenado, though St. Louis rejected the deal. As always with seemingly contradictory offseason reports, the truth could lie somewhere in the middle. Hypothetically, it could be that New York’s interest in Arenado was limited to this scenario that would’ve seen Stroman’s salary moved off the team’s books.
Whatever the depth of the Yankees’ interest in Arenado might be, it could be a moot point if Arenado himself isn’t interested in joining the team. The Yankees aren’t one of the six clubs (the Angels, Dodgers, Padres, Phillies, Mets, Red Sox) Arenado is reportedly willing to waive his no-trade protection to join, and Arenado has already vetoed a proposed deal to the Astros. There was speculation that New York’s deal with Paul Goldschmidt was made in part to entice Arenado to accept a trade to the Bronx to join his old teammate, yet Curry’s report seems to close the door on that possibility.
In addition to signing Goldschmidt and Max Fried, the Yankees have also traded for Cody Bellinger, Devin Williams, and Fernando Cruz, as GM Brian Cashman has aggressively reloaded the roster after Juan Soto left to sign with the Mets. Even with some holes left to be addressed, New York is projected (by RosterResource) for a luxury tax number of $303.2MM, and thus the team is already over the maximum penalty threshold of $301MM.
The Yankees could reduce their tax bill by trying to move Stroman or another unfavorable contract, yet the payroll situation might hint at why Arenado or Bregman aren’t (or no longer are) on the radar. Signing Bregman would require a far higher investment than taking most or all of Arenado’s contract in a trade, plus since Bregman rejected Houston’s qualifying offer, the Yankees would need to give up…
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