
ESPN’s Jeff Passan Slams Yankees for Lack of Spending in Free Agency
By [Your Name], Sports Correspondent
The New York Yankees, one of the most storied franchises in Major League Baseball (MLB) history, have long been known for their aggressive spending in free agency. However, ESPN’s Jeff Passan recently criticized the Yankees for their reluctance to make major moves this offseason, arguing that their lack of investment could prove costly in the long run.
Yankees’ History of Big Spending
The Yankees have historically been synonymous with deep pockets, dating back to the George Steinbrenner era when the team frequently outspent its competitors to secure top talent. From signing Alex Rodriguez to a historic $275 million contract extension in 2007 to acquiring Gerrit Cole for $324 million in 2019, the Yankees have typically been at the forefront of major free-agent deals.
However, recent years have seen a shift in the franchise’s approach. The Yankees have become more cautious with their spending, prioritizing financial flexibility and avoiding long-term commitments that could hamper their payroll in future seasons. This shift has drawn criticism from fans and analysts alike, with Passan being one of the most vocal critics.
Jeff Passan’s Criticism of the Yankees
Jeff Passan, one of ESPN’s leading MLB insiders, did not hold back in his assessment of the Yankees’ approach to free agency this offseason. During a recent segment on ESPN’s Get Up, Passan expressed frustration over the team’s reluctance to invest in marquee free agents.
“The Yankees are the New York Yankees. They are not a small-market team. They have the resources, the fanbase, and the brand power to go after the biggest names in baseball. And yet, here we are, watching them sit on their hands while other teams make significant improvements,” Passan said.
Passan’s comments were a response to the Yankees’ lack of involvement in the bidding wars for high-profile free agents, including two-way superstar Shohei Ohtani, ace left-hander Blake Snell, and slugger Cody Bellinger. While the Yankees did make a blockbuster trade for Juan Soto, they have been noticeably conservative in adding more pieces to complement their core.
“They traded for Juan Soto, which was a great move, but what else? Look at their pitching depth. Look at their infield questions. The Yankees aren’t just one player away from a championship—they need more, and they’re choosing not to spend. It’s unacceptable for a franchise of this stature,” Passan added.
The Yankees’ Offseason Moves (or Lack Thereof)
The Yankees made one of the biggest splashes of the offseason when they traded for Juan Soto, acquiring the star outfielder from the San Diego Padres. Soto, a generational talent and one of the best hitters in baseball, instantly improved the Yankees’ offense. However, beyond this move, the team has been relatively quiet.
The biggest concern for the Yankees remains their starting rotation. Gerrit Cole, the reigning AL Cy Young Award winner, is the only true ace on the staff. Carlos Rodón struggled with injuries and inconsistency in his first season in pinstripes, while Nestor Cortes Jr. and Clarke Schmidt are still unproven as long-term solutions. Despite these concerns, the Yankees have yet to sign a frontline starter, leaving a major gap in their pitching staff.
Many expected the Yankees to be aggressive in pursuing a pitcher like Yoshinobu Yamamoto, the Japanese phenom who ultimately signed with the Los Angeles Dodgers on a massive 12-year, $325 million contract. The Yankees reportedly made an offer, but their bid fell short, raising questions about whether they were truly committed to landing him.
Why Are the Yankees Hesitant to Spend?
There are several possible explanations for the Yankees’ reluctance to spend big this offseason:
- Luxury Tax Concerns – The Yankees are always among the highest-spending teams in baseball, which means they frequently exceed MLB’s competitive balance tax (CBT) threshold. Owner Hal Steinbrenner has repeatedly stated that he wants to avoid excessive luxury tax penalties, which could be a reason why the Yankees are hesitant to make major signings.
- Long-Term Payroll Management – With Aaron Judge, Giancarlo Stanton, and Gerrit Cole all on massive contracts, the Yankees may be cautious about adding another long-term financial commitment. Soto will also be a free agent after the 2024 season and is expected to command a contract worth upwards of $400 million, which the Yankees may be saving for.
- Belief in Internal Options – The Yankees’ front office may believe that their current roster, along with internal development from young players like Anthony Volpe and Jasson Domínguez, is good enough to compete. However, this strategy carries significant risk, as relying on unproven talent could backfire.
The Fan Reaction: Frustration and Disappointment
Yankees fans, who have become accustomed to their team being major players in free agency, have voiced their frustration over the lack of spending. Social media has been filled with criticism of Hal Steinbrenner and General Manager Brian Cashman, with many questioning whether the organization is still committed to winning at all costs.
One fan wrote on Twitter, “How do you let the Dodgers outbid you for Yamamoto? The Yankees should never lose a free agent to anyone.” Another added, “We need pitching, we need depth, and yet we’re doing nothing. What’s the plan?”
The Yankees’ inactivity is especially glaring when compared to other big-market teams like the Dodgers, who have spent aggressively to build a powerhouse roster. The Mets, under owner Steve Cohen, have also shown a willingness to spend, further highlighting the Yankees’ relative caution.
Potential Consequences of Not Spending
If the Yankees fail to address their roster weaknesses, they could find themselves in a precarious position heading into the 2024 season. The AL East is one of the most competitive divisions in baseball, with the Baltimore Orioles, Tampa Bay Rays, and Toronto Blue Jays all fielding strong teams.
By not investing in additional talent, the Yankees risk falling behind their rivals. If injuries or underperformance plague the team, they could struggle to compete for a playoff spot, let alone a World Series championship.
Moreover, if the Yankees fail to extend Juan Soto, their decision to trade for him could backfire. Soto is expected to hit free agency after the 2024 season, and if the Yankees are unwilling to meet his asking price, they could lose him to a higher bidder.
What the Yankees Need to Do Next
To silence critics like Jeff Passan and restore faith among their fans, the Yankees need to make additional moves before the season begins. There are still viable free agents available, including:
- Blake Snell – The reigning NL Cy Young winner remains unsigned, and adding him would give the Yankees a formidable 1-2 punch with Gerrit Cole.
- Jordan Montgomery – A former Yankee who played a key role in the Texas Rangers’ World Series run, Montgomery would provide stability to the rotation.
- Cody Bellinger – If the Yankees want to further bolster their lineup, signing Bellinger would give them another left-handed power hitter to complement Judge and Soto.
Additionally, the Yankees could explore trade options, with pitchers like Corbin Burnes or Shane Bieber potentially available for the right price.
Final Thoughts
Jeff Passan’s criticism of the Yankees is a reflection of the growing frustration surrounding the team’s conservative approach to free agency. While the Yankees remain a talented squad, their reluctance to spend could ultimately cost them a chance at a championship.
With spring training approaching, the pressure is mounting on Hal Steinbrenner and Brian Cashman to make a move. If they continue to sit on the sidelines, they risk not only alienating their fanbase but also falling short of their championship aspirations once again.
For a team with the Yankees’ history and resources, failing to act could be the biggest mistake of all.