Yankees Sign Marcus Stroman After Failed Attempt to Secure Blake Snell

Stroman's $37 Million Deal Boosts Yankees' 2024 Payroll as Snell Remains a Free Agent

New York Yankees signed Marcus Stroman to a two-year, $37 million deal after failing to meet the asking price for Blake Snell.
Snell, who had an impressive 2023 season, rejected a five-year, $150 million contract from the Yankees, seeking more money or an additional year.
Stroman's contract with the Yankees includes a vesting option worth a further $18 million if he pitches at least 140 innings in the 2025 season.
The signing of Stroman has escalated the Yankees' estimated 2024 payroll to $294 million, placing them below the New York Mets who have an estimated $303 million payroll.
Despite Snell's rejection, he still has multiple contending teams expressing strong interest, with the Los Angeles Angels repeatedly linked to him this offseason.