The Yankees agreed to deals with a pair of high-profile players on Friday. They started the day off by coming to terms with their own free agent, infielder DJ LeMahieu, on a six-year contract worth $90MM. In the evening, they went outside the organization to add right-hander Corey Kluber. Unsurprisingly, that was a much shorter deal, with Kluber headed to the Bronx for a single year at $11MM.
LeMahieu’s contract came in a bit above pre-offseason expectations. Entering the winter, MLBTR forecasted a four-year, $68MM figure for the reigning AL MVP finalist. LeMahieu eclipsed that mark by more than $20MM, albeit over an additional two years. The six-year term is no doubt a luxury tax workaround. (Teams’ luxury tax figures are calculated by taking a contract’s average annual value, so extending the deal an extra year reduces the Yankees’ per-season luxury tax hit).
Kluber, on the other hand, landed right in line with MLBTR’s prediction (one-year, $12MM). The two-time Cy Young winner is a bit of a wild card after pitching just 36.2 innings combined over the last two seasons. But he’d generally impressed teams at a showcase earlier this week and has an atypical level of upside for an addition at that price point.
How does the readership feel about the Yankees’ recent acquisitions?