As the World Series plays on, the New York Yankees are in offseason mode.
The team has a lot to consider for 2021. The COVID-19 pandemic meant the Yankees (and all other teams) suffered major financial losses, losses owner Hal Steinbrenner called “more than any other team in baseball” in an interview with ESPN’s “The Michael Kay Show.”
Additionally, Bob Klapisch of NJ.com raised an interesting point. Despite those losses, the Yankees need to decide whether to cut payroll below the luxury tax threshold next season or stay the course.