Overview
- Steinbrenner said New York ended 2025 at $319 million in player payroll and called a 2026 reduction desirable without committing to a lower figure.
- He rejected assumptions that the Yankees are routinely profitable, citing a recurring $100 million annual payment to New York City while declining to open the club’s books.
- Cot’s Contracts pegs the 2026 competitive-balance payroll near $278 million, and a Cody Bellinger reunion is reported as a move that could push it back above $300 million.
- Offseason priorities include adding an outfielder and bullpen help after Trent Grisham accepted the $22.05 million qualifying offer, Ryan Yarbrough signed for one year at $2.5 million, and five relievers were non-tendered.
- He said he could support a salary floor but declined to take a position on a salary cap, as debate over MLB’s economic model intensifies before the CBA’s December 2026 expiration.